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…
Tag: trade
Philippines Strengthens US Military Ties Amid Regional Tensions
In a bid to bolster security and defence strategies, the Philippines continues to reinforce its military relationship with the United States under President Donald Trump. Jose Manuel Romualdez, the Philippine…
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…
Singapore’s MTI Responds to Nvidia Chip Export Controversy Amid US Investigation
Singapore’s Ministry of Trade and Industry (MTI) has reaffirmed expectations that US companies, particularly Nvidia, will comply with both US export controls and local laws. This comes in light of…
US and Colombia Avoid Trade War Over Migrant Deportations
The escalating tensions between the US and Colombia took a dramatic turn as both nations reached an agreement regarding the deportation of migrants, avoiding a looming trade war. Following threats…
Ursula von der Leyen’s Mission to Finalise EU-Mercosur Trade Deal
In an ambitious bid to conclude a long-awaited trade agreement, European Commission President Ursula von der Leyen arrived in Montevideo, Uruguay, on 5 December 2024. The proposed deal between the…
Switzerland Considers Immigration Control Amid EU Trade Talks
As Switzerland seeks to redefine its trading relationship with the European Union (EU), concerns about rapid population growth threaten to complicate negotiations. The talks, which began in March 2024, aim…
PM Lawrence Wong Advocates for Trade and Skills Development at G-20 Summit
At the G-20 Summit in Rio de Janeiro, Brazilian President Luiz Inacio Lula da Silva launched a global initiative to combat hunger and poverty, with support from over 80 countries,…
Xi Jinping and Keir Starmer Discuss Pragmatic Engagement at G20 Summit
As world leaders gather at the G20 Summit in Rio de Janeiro, two significant meetings are set to take place, focusing on enhancing international cooperation and bilateral relations. Xi Jinping’s…
Xi Jinping Inaugurates Chancay Port in Peru Amid Trade Tensions
Chinese President Xi Jinping arrived in Lima on 14 November 2024, kicking off a week-long diplomatic venture in Latin America. His agenda includes the inauguration of the Chancay deep-water port,…
Singapore-China Ties Strengthened with Vice Premier Ding’s Visit: Key Agreements Signed
In a significant move to bolster bilateral relations, China’s Vice Premier Ding Xuexiang made his inaugural visit to Singapore from 10 to 11 November 2024. This visit coincided with the…
UK’s Rachel Reeves Advocates Pragmatic Trade Relations with China
In a recent statement at the International Monetary Fund and World Bank meetings in Washington, British Finance Minister Rachel Reeves called for a ‘hard-headed, economic realist’ approach to Britain’s trade…