ECONOMY

Chinese Auto Shipments Breeze Through Suez

HONG KONG / CAIRO — Ships loaded with thousands of Chinese-made vehicles are steadily transiting the Suez Canal en route to Europe—while competing automakers in Asia are forced into slower, more costly circuits around the African continent. Analysts suggest this stark … Continue reading Chinese Auto Shipments Breeze Through Suez

Indonesia Turns to China as U.S. Shrimp Tariffs Bite

JAKARTA/GUANGZHOU — Indonesia’s shrimp industry is racing to find new markets after the United States imposed a 19% import tariff on Indonesian shrimp, disrupting a critical export sector that employs over a million workers. The move, part of Washington’s broader trade … Continue reading Indonesia Turns to China as U.S. Shrimp Tariffs Bite

ASEAN countries Face Higher Duties than neighbors

HANOI/JAKARTA/MANILA/KUALA LUMPUR – The recent conclusion of tariff negotiations between the United States and several Asian countries has revealed a stark disparity: while South Korea and Japan secured a reduced 15% import tariff into the U.S., ASEAN countries such as … Continue reading ASEAN countries Face Higher Duties than neighbors

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