Tag - trade

 
 

TRADE

Then-U.S. President Donald Trump with the then-leader of Vietnam's Communist Party, Nguyen Phu Trong, at the Presidential Palace in Hanoi in February 2019
BUSINESS / Markets
Nov 12, 2024
Vietnam may find it harder to profit from new U.S.-China trade war
Its growing trade surplus with the U.S. — which is fourth-largest, after China, Mexico and Canada — will likely put it in U.S. President-elect Donald Trump's sights.
Shipping containers are seen at the Port of Nanjing in eastern China's Jiangsu province on Oct. 17.
BUSINESS / Markets
Nov 12, 2024
China approaches record $1 trillion trade surplus to world’s ire
The pace of widening puts China on a collision course with some of the world’s biggest economies by aggravating an imbalance in global commerce.
Japanese exporters could be hit by higher U.S. tariffs.
BUSINESS / Economy
Nov 11, 2024
Trump tariffs could have a significant impact on Japanese exports
The U.S. president-elect has promised 10% to 20% duties on all goods coming into the United States.
A person visits TSMC Museum of Innovation in Hsinchu, Taiwan, on May 29.
ASIA PACIFIC / Politics
Nov 10, 2024
U.S. ordered TSMC to halt shipments to China of chips used in AI applications, source says
The order comes just weeks after TSMC reported that one of its chips had been found in a Huawei AI processor.
Key Square Group founder Scott Bessent speaks at a campaign event for Republican presidential nominee and former U.S. President Donald Trump in Asheville, North Carolina, in August.
BUSINESS / Economy
Nov 9, 2024
Scott Bessent, top candidate for Treasury Secretary, meets with Trump
The Treasury Secretary job is a key Cabinet position, with vast influence over economic, regulatory and international affairs.
Chinese Finance Minister Lan Foan attends a news conference about a bill on raising ceilings on local government debt, at the Great Hall of the People in Beijing, on Friday.
BUSINESS / Economy
Nov 9, 2024
China unveils $1.4 trillion debt swap, saving stimulus for Trump
China gave indebted local governments a 10 trillion yuan ($1.4 trillion) lifeline but stopped short of unleashing new stimulus.
Asian chipmakers, led by Taiwan's TSMC and South Korea's Samsung Electronics, have collectively invested at least $117 billion in the U.S.
BUSINESS / Companies
Nov 7, 2024
What's at stake for Asian companies under a Trump presidency
Trump has floated the idea of a 10% or more tariff on all goods imported into the U.S.
U.S. President Donald Trump and Xi Jinping, China's president, shake hands during a news conference at the Great Hall of the People in Beijing on Nov. 9, 2017.
ASIA PACIFIC / Politics
Nov 7, 2024
Xi is better prepared for Trump even as 60% tariffs risk chaos
Xi would much prefer to avoid a tariff battle that risks proving much more devastating than the first round.
The European Commission's executive vice president, Valdis Dombrovskis, and Chinese Vice Premier He Lifeng finish a joint news conference following the 10th China-EU High-Level Economic and Trade Dialogue in Beijing in September 2023.
COMMENTARY / World
Nov 6, 2024
It's not just U.S. trade hawks. Europe fears China, too.
As China’s economic policies take hold, Europe's economic concerns may be just beginning.
A sign shows people where to vote in the 2024 presidential election on Election Day in Dearborn, Michigan, on Tuesday.
ASIA PACIFIC / Politics
Nov 6, 2024
China braces for more rivalry as close U.S. presidential race ends
Regardless of who wins, Beijing faces four more years of bitter superpower rivalry over anything from trade to Taiwan.
Donald Trump and Kamala Harris spar during the presidential debate on Sept. 10. Both are seeking to win over voters in swing states such as those of the Rust Belt, where America's economic security policies are acutely felt.
COMMENTARY / World / Geoeconomic Briefing
Nov 5, 2024
The prospects for economic security under Trump or Harris
Both the Democratic and Republican campaigns need Rust Belt voters on their side, but their strategies to protect American economic interests differ significantly.
While economic sanctions have not caused Russia’s economy to collapse as some had hoped, they have imposed significant costs on Vladimir Putin's government and his war aims.
COMMENTARY / World
Nov 5, 2024
Punishing Putin is more important than ever
In reality, the-Russian-sanctions-aren’t-working-why-bother argument is straight out Putin’s propaganda playbook.
Chinese solar panel manufacturer Trina Solar's facility in Thai Nguyen, Vietnam, on Aug. 30
BUSINESS / Tech
Nov 4, 2024
Chinese solar firms, ever-nimble, go where U.S. tariffs don't reach
Chinese solar firms have repeatedly sidestepped tariffs to dominate the global markets despite U.S. efforts over more than a decade to rein them in.
Republican presidential candidate Donald Trump and Kamala Harris, the Democratic candidate, face off in an election Tuesday that will have wide-ranging implications for Japan.
JAPAN / Politics / FOCUS
Nov 3, 2024
Status quo or disruption? Breaking down the U.S. election's impact on Japan
Regardless of who wins, Washington is likely to have limited bandwidth to change tack in a significant way with its most important Asian ally.
The close for the Tokyo Stock Exchange, Asia’s second-biggest equities market, will be moved back to 3:30 p.m. from Tuesday.
BUSINESS / Markets
Nov 1, 2024
High-frequency traders get an extra 30 minutes for Japan stocks
The extra half-hour is raising concerns among market participants who fear the shift will give rise to machine-driven price moves.
A local resident watches Ukrainian rescuers clear debris on the site of a Russian missile strike in Dnipro, Ukraine, on Saturday.
WORLD / Politics
Oct 31, 2024
U.S. sanctions entities in India, China and Turkey over Russia war supplies
The U.S. and its allies have piled thousands of sanctions on Russia since its invasion of Ukraine, yet Russia’s GDP is projected to grow 3.5% to 4% in 2024.
Republican Presidential Nominee Donald Trump
BUSINESS / Markets
Oct 31, 2024
Trump factor bringing uncertainty to Asian firms' U.S. investment outlook
The former president has criticized the Inflation Reduction Act as a "scam” and the CHIPS and Science Act as a bad deal.
New cars parked at Yantai port, in eastern China's Shandong province, on Oct. 21
BUSINESS / Economy
Oct 31, 2024
China tells carmakers to halt investment in some EU states, sources say
New EU tariffs on Chinese-built electric vehicles have prompted retaliation from Beijing.
Canadian Prime Minister Justin Trudeau shakes hands with Indian Prime Minister Narendra Modi at the G7 summit in Biarritz, France, on Aug. 25, 2019
WORLD / Politics
Oct 31, 2024
Canada-India tensions could escalate cyber threats and hinder immigration
Canada's deepening dispute with India over its alleged campaign of violence against Sikhs in Canada has so far had no immediate impact on trade.
New cars, among them new China-built electric vehicles of the company BYD, are seen parked in the port of Zeebrugge, Belgium.
BUSINESS / Markets
Oct 30, 2024
EU slaps tariffs on Chinese EVs, risking Beijing backlash
The European Union has decided to increase tariffs on Chinese-built electric vehicles to as much as 45.3%.

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An ongoing shortage of rice has resulted in rising prices for Japan's main food staple.
Why Japan is running out of rice — and farmers to grow it