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
Geneva: Breakthrough Hopes Rise as Tariff Talks Resume
GENEVA – For the first time in years, high-level delegations from the United States and China sat down in Geneva this weekend, aiming to de-escalate the prolonged trade war that has rattled global markets. Led by US Treasury Secretary Scott … Continue reading Geneva: Breakthrough Hopes Rise as Tariff Talks Resume
Apple Shifts iPhone Production to India, Vietnam
Cupertino/New Delhi/Hanoi — Apple is accelerating the transformation of its global supply chain: The US tech giant will soon manufacture most iPhones sold in the United States in India, while iPads, Macs, Apple Watches, and AirPods will largely come from … Continue reading Apple Shifts iPhone Production to India, Vietnam