TEMPO.CO, Jakarta – Leaders of countries affected by Donald Trump’s new import tariff policy have begun to speak out, including Indonesia’s President Prabowo Subianto and the prime ministers of Singapore and Malaysia. Coordinating Minister for Economic Affairs Airlangga Hartarto said nearly all ASEAN countries have decided against retaliatory tariffs. He cited Vietnam, Malaysia, Cambodia, Thailand, and … Read more
US President Donald Trump has said he is waiting to hear from China before a tariff of 104 per cent takes effect, but other administration officials have said they will not prioritise negotiations with Beijing. Global markets steadied after days of carnage prompted by President Trump’s sweeping levies, which have raised fears of recession and … Read more
TEMPO.CO, Jakarta – Lecturer and Researcher at the Islamic University of Indonesia (UII), Listya Endang Artiani, believes that the decision of United States (US) President Donald Trump to impose new import tariffs will cause significant impacts on the global economy. Listya stated that Trump’s tariffs could lead to tensions among major countries and affect the … Read more
‘Philippines preparing plans to respond to tariffs’ Philstar.com Why we must fear Trump’s tariffs Inquirer.net Marcos economic team to discuss actions amid higher US tariff Philippine News Agency [Rappler’s Best] Shake, rattle, and roll Rappler PHL to benefit from trade diversion due to US reciprocal tariffs BusinessWorld – BusinessWorld Online Source link
Find out Trump’s price on tariffs, says former US trade official Free Malaysia Today Source link
THE president of the United States announced on April 2 the implementation of “reciprocal tariffs” on all trading partners. Under this new policy, the tariffs imposed by other countries on American goods will be mirrored at roughly half the rate by the United States. For example, Malaysia currently levies a 47% tariff on American products; … Read more
The formula at the core of President Donald Trump’s tariff announcement that continues to rattle markets is bewildering economists, who say it is based on flawed assumptions. Economists argue that Trump’s formula relies on a flawed, underestimation of a key metric, resulting in inflated tariff rates for countries. According to the Office of the United … Read more
U.S. and China Trade Tensions Escalate as Tariff War Reignites WASHINGTON (AP) — Trade relations between the United states and China are once again strained after the U.S. imposed additional tariffs on Chinese goods, prompting a swift retaliatory response from Beijing. The renewed trade conflict threatens to destabilize the global economy. Tit-for-Tat Tariffs President Trump, … Read more
The bloodbath on the local stock market continued on Friday in the aftermath of US President Donald Trump’s announcement of fresh sweeping reciprocal tariffs across the globe, which includes the Philippines. The benchmark Philippine Stock Exchange index (PSEi) lost 61.54 points or 1% to close at 6,084.19. The broader All Shares also shed 20.97 points … Read more
Donald Trump’s ‘Liberation Day’ speech came as a shock to tiny Australian territories when he slapped up to 29 per cent tariffs on the islands that are either uninhabited or claim to have no trade relations with the US. A new report has now claimed that the tariffs have been calculated on the basis of … Read more