ECONOMY

Hong Kong stops exports to the USA: New customs rule

HONG KONG – In a strong response to the recent measures by the U.S. government under President Donald Trump, Hong Kong has suspended all goods shipments to the United States. The decision follows Washington’s announcement that it would abolish the … Continue reading Hong Kong stops exports to the USA: New customs rule

China Unveils Retaliatory Measures in U.S. Trade War

BEIJING – In a bold and calculated response to the United States’ sweeping tariff hikes on Chinese goods, President Xi Jinping’s administration has rolled out two major retaliatory measures that could reshape global trade flows and send shockwaves through key … Continue reading China Unveils Retaliatory Measures in U.S. Trade War

Lee Hsien Loong delivers sobering outlook on trade

SINGAPORE – In a major policy address on Monday, Singapore’s Senior Minister and former Prime Minister Lee Hsien Loong warned that the country can no longer count on a stable and cooperative global trading system, citing profound shifts triggered by sweeping … Continue reading Lee Hsien Loong delivers sobering outlook on trade

U.S. Tariffs: ASEAN Establishes Task Force

KUALA LUMPUR – In an urgent response to the United States’ sweeping tariff overhaul, the Association of Southeast Asian Nations (ASEAN) convened a special meeting of its economic ministers on April 10, and announced the creation of a dedicated task … Continue reading U.S. Tariffs: ASEAN Establishes Task Force

Trump Announces 90-Day Tariff Suspension, China exempted

WASHINGTON – In a significant shift in U.S. trade policy, President Donald Trump declared a 90-day suspension of the recently imposed “reciprocal” tariffs on multiple countries, aiming to foster negotiations for new trade agreements. This suspension does not extend to … Continue reading Trump Announces 90-Day Tariff Suspension, China exempted