Trump and South Korea Seal Tariff Deal: 15 percent
WASHINGTON/SEOUL — The United States and South Korea have reached a high-stakes trade agreement that defuses a potential tariff escalation and opens the door to significant South Korean investments in the U.S. economy. The deal, announced by former U.S. President … Continue reading Trump and South Korea Seal Tariff Deal: 15 percent
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
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
Trump and Xi Reignite Trade Talks
WASHINGTON/BEIJING – In a significant development amid escalating trade tensions, U.S. President Donald Trump and Chinese President Xi Jinping engaged in a 90-minute phone call on Thursday, June 5. This marked their first direct conversation since Trump’s return to office … Continue reading Trump and Xi Reignite Trade Talks