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
Trump Softens Stance as Trade War Pressures Mount
WASHINGTON/BEIJING — Under growing domestic and international pressure, the Trump administration appears to be shifting its stance in the ongoing trade war with China. Despite previous insistence that Beijing must make the first move, new reports indicate that Washington has … Continue reading Trump Softens Stance as Trade War Pressures Mount