Tag Archives: USA

Lee Hsien Loong delivers sobering outlook on trade

SINGAPORE – In a major policy address on Monday, Singapore’s Senior Minister and former Prime Minister Lee Hsien Loong warned that the country can no longer count on a stable and cooperative global trading system, citing profound shifts triggered by sweeping … Continue reading Lee Hsien Loong delivers sobering outlook on trade

U.S. Tariffs: ASEAN Establishes Task Force

KUALA LUMPUR – In an urgent response to the United States’ sweeping tariff overhaul, the Association of Southeast Asian Nations (ASEAN) convened a special meeting of its economic ministers on April 10, and announced the creation of a dedicated task … Continue reading U.S. Tariffs: ASEAN Establishes Task Force

China Responds to U.S. Tariffs with Southeast Asia Outreach

BEIJING — As the U.S.-China trade conflict intensifies under President Donald Trump’s sweeping 145% tariffs on Chinese goods, President Xi Jinping is embarking on a high-stakes diplomatic mission across Southeast Asia, aiming to forge deeper regional alliances and counterbalance the … Continue reading China Responds to U.S. Tariffs with Southeast Asia Outreach

Trump Announces 90-Day Tariff Suspension, China exempted

WASHINGTON – In a significant shift in U.S. trade policy, President Donald Trump declared a 90-day suspension of the recently imposed “reciprocal” tariffs on multiple countries, aiming to foster negotiations for new trade agreements. This suspension does not extend to … Continue reading Trump Announces 90-Day Tariff Suspension, China exempted

China Vows Strong Retaliation as Trump Escalates Trade War

BEIJING — The U.S.-China trade conflict has entered a new and dangerous phase as Beijing outlines a multi-pronged strategy to respond to President Donald Trump’s announcement of sweeping 104 % tariffs on Chinese goods. The Chinese Ministry of Commerce issued … Continue reading China Vows Strong Retaliation as Trump Escalates Trade War

U.S. Tariffs Hit Asia Hardest, Economic Concerns

WASHINGTON, D.C. – The United States has introduced sweeping new tariffs, with the heaviest economic impact expected to fall on Asian countries. Announced on April 2 by President Donald Trump, the policy imposes a 10% tariff on all goods entering … Continue reading U.S. Tariffs Hit Asia Hardest, Economic Concerns

U.S. Beef Exports to China Plummet Amid Trade Dispute

WASHINGTON/BEIJING – U.S. beef exports to China have sharply declined, according to U.S. government data released on Thursday, March 27. The downturn follows Beijing’s decision to let export registrations for hundreds of U.S. meat processing facilities expire on March 16, … Continue reading U.S. Beef Exports to China Plummet Amid Trade Dispute

Vietnam Cuts Tariffs on U.S. Goods to Avoid Penalties

HANOI – In a strategic move to ease trade tensions with Washington, Vietnam has announced significant tariff reductions on key U.S. products, including liquefied natural gas (LNG), automobiles, and ethanol. The cuts aim to address concerns over Vietnam’s growing trade … Continue reading Vietnam Cuts Tariffs on U.S. Goods to Avoid Penalties

US State Department Revises Taiwan Policy

WASHINGTON – The US State Department has recently revised the portrayal of its stance on Taiwan—a move that Taipei interprets as clear evidence of Washington’s enhanced support for the island. The passage previously featured on the department’s website, which stated … Continue reading US State Department Revises Taiwan Policy