US-UK Trade Deal on the Cusp of Finalisation Amid G7 Discussions
KANANASKIS, Alberta — During a significant meeting on the sidelines of the G7 summit, UK Prime Minister Keir Starmer and US President Donald Trump are expected to finalise a crucial…
Tag: tariffs
Vietnam and US Continue Trade Talks Amid Tariff Concerns
HANOI: Trade negotiations between Vietnam and the United States have taken another step forward with the conclusion of a second round of discussions in Washington. This round aimed to address…
Trump Tells Walmart to ‘Eat the Tariffs’ Amid Price Increases
In a surprising outburst, US President Donald Trump recently suggested that retail giant Walmart should absorb the costs of tariffs rather than pass them on to consumers. This statement comes…
Vietnam and US Step Up Tariff Negotiations Amid Trade Deficit Concerns
Vietnam and the United States recently engaged in their inaugural ministerial-level tariff negotiations, held in Jeju, South Korea. This meeting comes as the US is poised to impose a staggering…
US-China Trade Talks Yield Temporary Tariff Cuts Amid Global Market Optimism
Global stock markets experienced a significant uplift on 12 May 2024 after the United States and China reached a joint agreement to reduce their respective tariffs for a provisional period…
US and China Discuss Trade Tensions in Geneva: High Stakes Ahead
As trade tensions escalate between the United States and China, senior officials from both nations gathered this weekend in Geneva—a meeting that could set the tone for future negotiations. These…
Trump and Starmer Announce Trade Agreement Amid Economic Tensions
In a significant development on the trade front, US President Donald Trump and British Prime Minister Keir Starmer unveiled a new trade agreement on 8 May 2024, aiming to foster…
US Federal Reserve Pauses Rate Cuts Amid Economic Uncertainty Over Tariffs
The US Federal Reserve has opted to maintain its key lending rate at between 4.25 per cent and 4.50 per cent, signalling a cautious approach amidst ongoing economic turbulence caused…
Vietnam and US Negotiate Trade Terms Amid Tariff Tensions
In a significant move to strengthen economic ties, Vietnam is set to negotiate a reciprocal trade agreement with the United States following a temporary postponement of substantial tariffs. Vietnamese Prime…
Senior Minister Lee Hsien Loong Stresses Unity Amid Global Trade Challenges
SINGAPORE – Senior Minister Lee Hsien Loong delivered a clear message on unity and resilience during his speech at the Kebun Baru Sunday Carnival on 6 April 2024. With global…
Trump’s Tariff Strategy Faces Backlash Amid Economic Concerns
The latest trade policies from President Donald Trump have stirred significant controversy and sparked fears of a looming economic downturn. On 2 April 2024, Trump announced an aggressive set of…
Trump’s Tariff Woes: Markets Plunge Amid Trade War Fears
Stock markets and oil prices have taken a significant hit as global tensions rise following US President Donald Trump’s new tariffs. Investors are anxiously watching the unfolding trade war, worried…
Trudeau Slams Trump’s Tariffs Amid Heightened Canada-US Tensions
Canadian Prime Minister Justin Trudeau has taken a bold stance against US President Donald Trump’s latest tariffs, calling them ‘a very dumb thing to do’. This fiery exchange marks a…
Trade Wars Escalate: US Tariffs Hit Canada, Mexico and China
The global economic scene is buzzing as President Donald Trump confirmed the imposition of hefty tariffs on imports from Canada and Mexico, effective 4 March 2024. This move is set…
Modi and Trump Forge New Trade Path Amid Tariff Tensions
As the world’s focus shifts to international relations, Indian Prime Minister Narendra Modi recently met with US President Donald Trump in Washington, aiming to strengthen trade ties and address tariff…
Singapore’s Foreign Minister Balakrishnan Addresses US Tariff Impacts
On 4 February 2024, Singapore’s Foreign Affairs Minister Vivian Balakrishnan assured Parliament that while direct tariffs from the United States on Singaporean goods are unlikely, the nation must remain vigilant…
Electricity and Gas Prices Set to Decrease for January to March 2024 in Singapore
Singaporean households will enjoy lower electricity and gas prices from January to March 2024, a positive development for many families as energy costs decrease. Details of the Price Cuts The…
Trudeau Meets Trump Amidst Tariff Threats: What’s at Stake for Canada?
In a whirlwind visit to Palm Beach, Florida, Canadian Prime Minister Justin Trudeau engaged in talks with US President-elect Donald Trump just before the latter assumes office in January 2025.…
Jamieson Greer Appointed as New US Trade Representative Amidst Tough Tariff Agendas
Donald Trump’s administration is ushering in a familiar face to handle its trade policies. Jamieson Greer has been named the new US Trade Representative (USTR), a crucial role as the…
Trump’s Tariff Threats: Implications for US-China Relations
On 20 January 2024, President-elect Donald Trump is set to take office, and he’s already made waves with a proposed 10 per cent tariff on all imports from China. While…
Scholz and Xi Discuss Geopolitical Tensions at G20 Summit
As the G20 summit unfolds in Rio de Janeiro, significant discussions between German Chancellor Olaf Scholz and Chinese President Xi Jinping have emerged regarding dual-use goods and tariff issues on…