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The warning follows US President Donald Trump’s recent move to notify trade partners of increased tariffs, set to take effect from August 1.
The leaders of Japan and South Korea were the first to get letters on Monday that informed them of the new tariff rates.
Last week, a trade deal was announced between the United States and Vietnam. Under the terms of the deal, as reported by Reason Magazine’s Eric Boehm, “American exports to Vietnam will face no tariffs ...
President Trump announced a new round of tariffs on Japan, South Korea, Malaysia, Kazakhstan, South Africa, Laos, and Myanmar ...
The president is deploying the word “deal” liberally, using the term to describe all kinds of trade arrangements, some very ...
Vietnam remains the region’s largest apparel exporter to the U.S., sending roughly $18.6 billion worth of goods in 2024, ...
Trump said Aug. 1 is the end date for new trade deal talks before tariff rates climb, adding that a US-India agreement is "close" at hand.
Nippon Steel has successfully acquired U.S. Steel after an 18-month process, with the deal now including concessions such as a "golden share" for the U.S. government.
China expressed opposition to nearby countries striking tariff reduction deals that cut China out of the supply chain. The ...
The US sets reciprocal tariffs of 25% for Japan and South Korea. Both countries vowed to accelerate negotiations within three ...
In 2024, bilateral trade between the US and Bangladesh reached $10.6 billion. Of this, $8.4 billion came from Bangladeshi exports to the US, and $2.2 billion the other way around ...
American interests are advanced by connecting the world’s free and open spaces through enhancing connectivity, buoying regional aspirations for peace and prosperity, and denying operational space to ...