European Union
European Union president Ursula von der Leyen and Indonesian President Prabowo Subianto announced a "political agreement" on a comprehensive free trade deal on Sunday, marking a significant step forward in their discussions. The agreement, which will be formally concluded in September, is expected to boost trade and investment
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
European Union
The European Union is anticipating a letter from US President Donald Trump detailing planned tariffs on its largest trade partner, following months of challenging trade negotiations. Initially hoping for a comprehensive zero-for-zero tariff agreement, the EU is now focusing on securing an interim deal. Meanwhile, the US has imposed tariffs
Tariffs
President Donald Trump's administration is seeking "deals" with countries around the globe, but the term has become increasingly ambiguous, encompassing everything from limited trade arrangements to one-sided agreements. The president's staff has been working to push through new trade agreements, but the compressed timeline
Tariffs
As the US President Donald Trump vowed to impose steep tariffs on dozens of countries by the start of next month, Wall Street signalled skepticism over whether he would follow through with his protectionist agenda. Despite Trump's promise to implement planned duties without further delay, the markets have
European Union
The European Union is nearing a pivotal moment in its trade negotiations with the United States, with EU Trade Commissioner Maros Sefcovic and US counterparts engaged in ongoing talks. Despite the US having shifted its deadline for concluding deals with partner countries to August 1, the EU is determined to
Tariffs
Commerce and industry minister Piyush Goyal has announced that the government will review the protection for homegrown apples, striking a balance between the interests of growers and the needs of consumers. This move comes amid demands from the US to lower tariffs on apples and other farm goods as part
European Union
The Philippines' anti-red tape watchdog, the Anti-Red Tape Authority (Arta), will play a crucial role in negotiating the Transparency and Good Regulatory Practices (GRP) chapters of the upcoming Philippines-European Union Free Trade Agreement (PH-EU FTA). According to Arta Secretary Ernesto V. Perez, the agency aims to improve trade policy
European Union
The expiration of the EU-US trade deal on 9 July is looming, with Brussels pushing for immediate relief from tariffs. However, European Union officials acknowledge that even a best-case deal may include asymmetry. The UK, not a participant in the negotiations, may still be affected by a transatlantic tariff war.
Tariffs
China has hit out at the US-Vietnam trade deal, with the commerce ministry stating that it will take resolute countermeasures to safeguard its legitimate rights and interests if its interests are harmed. The deal was announced on Wednesday and is the second seen as targeting China since President Donald Trump
Exports
Congressman August Pfluger (TX-11) has delivered remarks in support of his legislation, the Unlocking Our Domestic LNG Potential Act, which aims to remove the Department of Energy (DOE) from the process of approving liquefied natural gas (LNG) exports. This move is crucial to ensure that US LNG exports are not
