ECONOMY

EU‑China Business Leaders Symposium in Beijing

BEIJING – At the 25th EU–China Business Leaders Symposium, top representatives of the European Union and China met in Beijing. Originally scheduled for two days, the meeting was condensed into a single day — widely interpreted as a sign of … Continue reading EU‑China Business Leaders Symposium in Beijing

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

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

Southeast Asia Deepens Ties with Russia

Jakarta/Moscow — In a marked geopolitical pivot, key Southeast Asian nations are intensifying their partnerships with Russia, signaling a shift in the region’s diplomatic posture. Indonesia and Malaysia, two of ASEAN’s most influential members, have both demonstrated growing alignment with … Continue reading Southeast Asia Deepens Ties with Russia

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

Italy and Malaysia Deepen Economic Ties

ROME – Italian Deputy Prime Minister and Foreign Minister Antonio Tajani and Malaysian Prime Minister Anwar Ibrahim will jointly inaugurate a high-level Italy-Malaysia Economic Partnership Roundtable in Rome tomorrow, signaling a new phase in bilateral economic relations. The meeting will … Continue reading Italy and Malaysia Deepen Economic Ties

Thailand Presses for Tariff Relief in U.S. Trade Talks

BANGKOK – Thailand’s Finance Minister, Pichai Chunhavajira, confirmed on Friday that he will lead a high-level delegation to the United States next week for critical trade talks. The negotiations aim to avert the imposition of a 36% U.S. tariff on … Continue reading Thailand Presses for Tariff Relief in U.S. Trade Talks

Trump Declares Rare Earths Deal ‘Done’ with China

WASHINGTON/LONDON/BEIJING – President Trump proclaimed on Truth Social that China has agreed to supply U.S. companies with “full magnets” and rare earth metals up front, while the U.S. will refrain from revoking visas for Chinese students. This announcement follows two … Continue reading Trump Declares Rare Earths Deal ‘Done’ with China

Singapore and Poland Deepen Strategic Ties

SINGAPORE — Against the backdrop of global economic uncertainty and geopolitical tensions, Singapore and Poland are intensifying efforts to forge deeper bilateral ties, following Polish President Andrzej Duda’s landmark state visit to the Republic from June 11 to 13 — … Continue reading Singapore and Poland Deepen Strategic Ties