Tariffs war halts US beef exports to China as Australia fills the gap

About 300 abattoirs in the United States still have not had their export licences renewed to export beef to China — and it seems Australia is filling the gap. Before Donald Trump’s “Liberation Day” tariff hikes, American beef exporters were already facing problems with their third-largest market. According to the US Meat Export Federation, American … Read more

WTO Members Slams U.S. Import Tariffs at Trade Council Meeting

TEMPO.CO, Jakarta – Around 20 World Trade Organization (WTO) member countries criticized the United States in the meeting of the Council for Trade in Goods for its import tariff policy. At least 20 delegations expressed their criticism of the U.S. import tariffs, according to a source close to the WTO on Friday, April 11, 2025, as quoted … Read more

U.S. stocks are shaky, while the falling U.S. dollar and bond prices indicate more fear amid trade war

NEW YORK — U.S. stocks are shaky Friday as Wall Street’s monstrous week heads toward its close, while the rising price of gold, falling value of the U.S. dollar and moves in other financial markets indicate more fear as President Trump’s trade war with China escalates even further. The S&P 500 was down 0.4% in early trading. … Read more

WTO Members Slams U.S. Import Tariffs at Trade Council Meeting

TEMPO.CO, Jakarta – Around 20 World Trade Organization (WTO) member countries criticized the United States in the meeting of the Council for Trade in Goods for its import tariff policy. At least 20 delegations expressed their criticism of the U.S. import tariffs, according to a source close to the WTO on Friday, April 11, 2025, as quoted … Read more

Currency Analysts Link Rupiah Recovery to Trump’s Postponed Tariffs

TEMPO.CO, Jakarta – Analyst at Bank Woori Saudara, Rully Nova, believes that the postponement of the implementation of import tariff policy, known as Trump’s tariffs, by U.S. President Donald Trump has influenced the strengthening of the rupiah exchange rate. “Today, the rupiah is expected to close stronger at the range of Rp16,775-Rp16,870, influenced by global … Read more

Winston Peters disparages Christopher Luxon’s tariff talks with world leaders: ‘Call me next time’

Luxon followed his Wellington speech with a series of phone calls that night with Indo-Pacific leaders and the European Union to gauge how they are interpreting the tit-for-tat trade war and the implications it might have for their economies. Speaking from Tonga on Friday, Peters offered some advice to the Prime Minister. “Markets lose their … Read more

Cabinet meets as stock market tumbles

Trump says he hasn’t seen today’s stock plunge U.S. President Donald Trump and U.S. Secretary of Defense Pete Hegseth attend a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. Nathan Howard | Reuters Asked for his reaction to today’s market sell-off, Trump says, “I haven’t seen it.” “I’ve been here … Read more

5 Countries Fastest to Strike Trade Deals with Trump (Experts)

With the U.S. implementing new reciprocal tariff measures, the global economic landscape is undergoing a meaningful shift.This article provides an insightful look at the ongoing negotiations and identifies key nations poised for new U.S. trade deals, helping you understand the evolving implications of these policies. Learn which countries and specific stocks, based on expert analysis, … Read more

Trump reciprocal tariffs take effect on imports from around the world

President Donald Trump speaks on the day he signs energy-related executive orders, at the White House in Washington, April 8, 2025. Nathan Howard | Reuters A new round of steep tariffs imposed by President Donald Trump took effect early Wednesday morning on products imported from scores of countries around the world. The round of so-called … Read more