US aeronautics company Boeing said on Tuesday that it delivered 60 airplanes in June, a 27% increase compared to a year earlier, including eight to Chinese customers for the first time since a trade spat between the US and China ended. Beijing had banned delivery of Boeing aircraft in April as a tariff dispute escalated […]
Read MoreDhaka : The fear of job losses is rippling through Bangladesh’s garment hubs as US President Donald Trump’s 35% tariff on the South Asian nation threatens orders from its main export market and crimps the country’s biggest industry. The readymade garments sector accounts for more than 80% of Bangladesh’s total export earnings, employing 4 million people […]
Read MoreVietnam will devise measures to improve product quality to cope with potential risks from US tariffs, as it seeks to expand exports to other markets and reduce its reliance on the United States, the country’s deputy trade minister said on Wednesday. The Ministry of Industry and Trade is coordinating with firms to work on the […]
Read MoreBloomberg US President Donald Trump’s administration plans to restrict shipments of artificial intelligence (AI) chips from the likes of Nvidia to Malaysia and Thailand, part of an effort to crack down on suspected semiconductor smuggling into China. A draft rule from the Commerce Department seeks to prevent China – to which the United States has […]
Read MoreBy Gurvinder Singh Kolkata, India — For the past several years, the United States has been a major market for Aditya Garodia to export more than 100 items of steel derivatives like fasteners from his factory in West Bengal state in eastern India. But ever since US President Donald Trump took office and unleashed a […]
Read MoreBy Bac Pham and Bennett Murray Vietnam breathed a sigh of relief when US President Donald Trump announced a trade deal had been struck between Hanoi and Washington. The Vietnam Stock Index reached its highest level since April 2022, indicating confidence that export stability had been achieved. On the face of it, the deal is […]
Read MoreVietnam’s economy grew at a faster pace in the second quarter of this year led by strong exports, in an encouraging sign just days after US President Donald Trump said he would place lower-than-threatened 20% tariffs on many Vietnamese products. Concerns over the Southeast Asian manufacturing hub’s outlook had been growing in the run up […]
Read MoreBy Sylvia Ma Issuing a stablecoin pegged to the offshore yuan in Hong Kong may be more feasible than in mainland China due to the latter’s capital controls, a central bank adviser has said. The comments from Huang Yiping, also dean of Peking University’s National School of Development, came as worries arise in Beijing’s policy […]
Read MoreFactory activity in many Asian economies shrank in June as US tariff uncertainty kept demand low, but signs of modest relief for manufacturers raise the stakes in trade talks with Washington amid the region’s gloomy economic recovery prospects. The underlying softness in private surveys released on Tuesday highlights the challenges facing policymakers as they try […]
Read MoreAsian stock markets opened the week with mixed performances after US shares closed at an all-time high, recovering from the impacts of President Donald Trump’s trade policies. Market sentiment improved after Canada scrapped its plan to impose a tax on US technology firms, prompting Trump to resume trade talks. US stock futures edged higher following […]
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