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
Trump Tariff Ultimatum Sparks Global Alarm
WASHINGTON – The Trump administration has reignited global trade tensions with a sweeping series of letters to 14 countries, including key allies in Asia, warning of harsh tariffs unless bilateral trade agreements are reached within three weeks. The letters—some outlining … Continue reading Trump Tariff Ultimatum Sparks Global Alarm
Flood of Cheap Chinese Goods Disrupts Southeast Asia
KUALA LUMPUR – A new wave of economic disruption is sweeping across Southeast Asia, driven by an influx of cheap Chinese goods flooding regional markets. From wardrobes in Johor to garments in Jakarta, Chinese manufacturers—displaced by renewed US tariffs—are saturating … Continue reading Flood of Cheap Chinese Goods Disrupts Southeast Asia
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
Cambodia: Xi Jinping Concludes Southeast Asia Tour
PHNOM PENH – Chinese President Xi Jinping wrapped up a high-profile diplomatic tour of Southeast Asia on Thursday with a two-day state visit to Cambodia, marking the final leg of a regional charm offensive aimed at reinforcing Beijing’s influence amid … Continue reading Cambodia: Xi Jinping Concludes Southeast Asia Tour