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
Malaysia: High-Value Goods Tax Scrapped
KUALA LUMPUR — Malaysia has formally abandoned its earlier plan to introduce a high-value goods tax (HVGT), Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim confirmed in a written reply to Parliament. Instead, the government has integrated its core principles … Continue reading Malaysia: High-Value Goods Tax Scrapped
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