U.S.–Japan Trade Deal Reshapes Global Auto Market
WASHINGTON/TOKYO – In a landmark announcement on July 23, U.S. President Donald Trump revealed that the United States and Japan have concluded what he described as “the largest trade deal in history.” The agreement marks a major shift in bilateral … Continue reading U.S.–Japan Trade Deal Reshapes Global Auto Market
Trade Deals: Philippines and Indonesia Ahead of Deadline
JAKARTA/WASHINGTON – President Donald Trump confirmed on July 22 that the US and the Philippines have reached a trade agreement following a White House meeting with President Ferdinand Marcos Jr. The deal stipulates a 19% tariff on Philippine exports to the … Continue reading Trade Deals: Philippines and Indonesia Ahead of Deadline
Indonesia and U.S. Reach “New Era” Trade Deal
JAKARTA – In an unexpected breakthrough, Indonesia and the United States have struck a trade deal that reduces U.S. tariffs on Indonesian exports from a threatened 32% to 19%, following intense negotiations. The pact was announced by President Donald Trump … Continue reading Indonesia and U.S. Reach “New Era” Trade Deal
Thailand Presses for Tariff Relief in U.S. Trade Talks
BANGKOK – Thailand’s Finance Minister, Pichai Chunhavajira, confirmed on Friday that he will lead a high-level delegation to the United States next week for critical trade talks. The negotiations aim to avert the imposition of a 36% U.S. tariff on … Continue reading Thailand Presses for Tariff Relief in U.S. Trade Talks
Trump Declares Rare Earths Deal ‘Done’ with China
WASHINGTON/LONDON/BEIJING – President Trump proclaimed on Truth Social that China has agreed to supply U.S. companies with “full magnets” and rare earth metals up front, while the U.S. will refrain from revoking visas for Chinese students. This announcement follows two … Continue reading Trump Declares Rare Earths Deal ‘Done’ with China