TOKYO: Japan intends to push back against any US effort to bring it into an economic bloc aligned against China because of the importance of Tokyo’s trade ties with Beijing, according to current and former Japanese government officials. Like many other countries, Japan is trying to get permanent relief from President Donald Trump’s tariffs by addressing...
WASHINGTON: US President Donald Trump on Wednesday (April 23) played up prospects of a "fair deal" on trade with China, but his top officials offered few details of how Washington might de-escalate its damaging tariff war with Beijing. Trump told reporters his country would have a "fair deal with China," adding that "everything's active" when asked...
KUALA LUMPUR: United States (US) tech giants Intel and Oracle have raised concerns about the impact of the United States' (US) tariffs on their operations in Malaysia, says Tengku Datuk Seri Zafrul Abdul Aziz. In a video posted on X (formerly known as Twitter), the Investment, Trade and Industry Minister said both companies had engaged with...
BEIJING (Reuters): China said on Saturday "the market has spoken" in rejecting U.S. President Donald Trump's tariffs, and called on Washington for "equal-footed consultation" after global markets plunged in reaction to the trade levies that drew Chinese retaliation. State-run Xinhua news agency also published the Chinese government's stance, saying the U.S. should "stop using tariffs as...
JAKARTA,(Xinhua): Indonesia's Coordinating Ministry for Economic Affairs has announced that Indonesia was working closely with Malaysia to respond to new reciprocal tariffs imposed by the United States. According to a press release issued by the ministry Friday, the announcement came following a series of high-level meetings between Coordinating Minister for Economic Affairs Airlangga Hartarto and senior...
PETALING JAYA: Key measures to help Malaysia withstand the coming global tariff storm from the United States (US) are currently under discussion, says the Investment, Trade And Industry Ministry. The ministry said among the measures being explored include possibly diversifying Malaysia’s current trade and investment interests as well as strengthening the country’s supply chains. It also said...
LONDON (Reuters) - British business minister Jonathan Reynolds said the government was hopeful that any tariffs imposed by U.S. President Donald Trump would be reversed shortly, if the two sides agree a tech-led economic deal. Britain expects to be hit by Trump's plan to put tariffs on goods from countries across the globe this week, but...
US and Ukrainian officials were to meet in Saudi Arabia on Tuesday (March 11) for talks aimed at mending ties and gauging if Ukraine is willing to make concessions under President Donald Trump's push to end Russia's war with Ukraine swiftly. Washington, Ukraine's main ally before Trump's inauguration in January, has upended its policy on the...
MANILA (Vietnam News/ANN): The Philippines has temporarily banned poultry imports from Indiana, New York, and Pennsylvania due to bird flu outbreaks in these US states. It had previously banned poultry imports from Illinois, Minnesota, Ohio, Wisconsin, South Dakota, Maryland, and Missouri. In the latest statement, Secretary of Agriculture Tiu Laurel said the ban covers domestic and wild...
KUALA LUMPUR: Malaysia is preparing for the potential impact of the United States' plans to impose new restrictions on artificial intelligence (AI) chip exports, says Chang Li Kang. The Science, Technology and Innovation Minister warned that the measures, if implemented, would affect not only Malaysia but the global community as well. "If the restriction is implemented, it...
