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
U.S. Tightens AI Chip Export Rules Amid Security Concerns
WASHINGTON, DC – The U.S. government is preparing to expand its AI export controls, planning to restrict the shipment of advanced AI chips to Malaysia and Thailand, according to a Bloomberg report and additional sources in Washington and Asia. The … Continue reading U.S. Tightens AI Chip Export Rules Amid Security Concerns
US and Vietnam Reach Landmark Tariff Agreement
HANOI/WASHINGTON – In a significant diplomatic breakthrough, President Trump announced on July 2, that the United States and Vietnam have agreed to a preliminary tariff deal. Under this framework, U.S. tariffs on Vietnamese exports will be temporarily set at 20%, … Continue reading US and Vietnam Reach Landmark Tariff Agreement