Tariffs
A trade deal between Vietnam and the US was expected to bring relief to companies like Thanh Cong Garment, a supplier to brands including Adidas and Calvin Klein. However, the agreement's lack of detail and a clause threatening 40% tariffs on goods "transshipped" through Vietnam have
Tariffs
The administration's random and often arbitrary tariff policy under President Donald Trump is creating uncertainty that makes it difficult for companies to plan for the future and invest in long-term projects. This is particularly concerning for the auto industry, where companies need predictability to build factories and make
Tariffs
Donald Trump threatened to impose 100% tariffs on Russia if Vladimir Putin fails to sign a peace deal within 50 days, warning of "very severe tariffs" on Moscow's main trading partners like China. The US president announced that Patriot air defence batteries would start arriving in
Tariffs
US President Donald Trump has confirmed that the US will send Ukraine billions of dollars in military equipment, including Patriot air defence systems, and has threatened to levy steep tariffs on Russia amid his growing frustration over Russia's refusal to negotiate an end to the Russia-Ukraine war. Trump
Tariffs
As President Trump's administration threatens to impose steep tariffs, many nations are exploring alternative trading partners to mitigate the damage. This shift is particularly pressing for Asian economies reliant on US markets, which are struggling to find substitutes. Business and diplomatic leaders worldwide are perplexed by the White
Tariffs
The recent tariffs imposed by President Trump on several countries, including the European Union, Mexico, Canada, and Japan, have sparked concerns about their impact on global equities. While the numbers seem to favor foreign stocks this year, the introduction of higher tariffs may alter the trajectory of global trade and
Tariffs
Brussels has backed down at the eleventh hour from plans to impose €21bn (£18bn) retaliatory tariffs on the US after Donald Trump threatened to punish the bloc with 30pc levies. The EU's tariffs on US steel and aluminium exports were due to come into effect from midnight on
Tariffs
The negotiations between the US and India for an interim trade deal appear to be moving forward, with the Trump administration considering imposing a tariff of less than 20 per cent on India. This would put India favourably against Bangladesh, Sri Lanka, and other competing economies. The Indian government is
Tariffs
Despite cordial negotiations and an unusually warm relationship between US President Trump and Canadian Prime Minister Mark Carney, Canada's trade talks have taken a wild ride in recent weeks. The country went from a friendly meeting between the two leaders on July 21 to a brief suspension of
Tariffs
The major US banks are poised to announce significantly higher profits for the second quarter, driven by a surge in trading activity as clients rushed to reconfigure their portfolios in response to President Trump's shifting trade policies. The booming trading business is expected to bring in $26.4
Tariffs
The continuing uncertainty in the midst of ongoing trade negotiations between the United States and Canada remains high, with a U.S. administration official confirming that the threatened 35-per-cent tariffs on Canadian goods would most likely only apply to those traded outside the United States-Mexico-Canada Agreement. The official also stated
Tariffs
Economists believe that Malaysia may still secure better tariff terms with the United States before the August 1 deadline, despite concerns over trade imbalances. US Secretary of State Marco Rubio has signaled openness to negotiations to reach mutually beneficial trade deals, suggesting that a win-win solution is possible. However, Malaysia
