Tag - trade

 
 

TRADE

Milled rice at a rice mill in Nakhon Pathom province, Thailand
BUSINESS
Apr 23, 2025
Trump tariffs threaten to pile more pain on Thailand's rice sector
Thailand is among the Southeast Asian nations hardest hit by Trump's proposed measures, facing a 36% tariff on goods unless ongoing negotiations are successful.
U.S. Secretary of Treasury Scott Bessent says a de-escalation between the U.S. and China will come in the very near future.
BUSINESS / Economy
Apr 23, 2025
Bessent expects tariff standoff with China to deescalate
The U.S. Treasury secretary is optimistic that tensions could cool in the coming months but cautioned that a larger deal could take longer.
A farmhand prunes trees on a 4-year-old cocoa plantation, replanted after swollen shoot disease, in Enchi, Ghana, on March 4.
BUSINESS / Economy / FOCUS
Apr 23, 2025
Cocoa crunch isn’t over yet as top growers struggle with supply
Africa’s cocoa heartland has long grappled with blight and aging trees, leaving farms vulnerable as severe weather hammered crops in recent years.
The yen strengthened dramatically this month — hitting ¥139.9 to the dollar on Tuesday — and could become a topic of conversation in trade talks between the United States and Japan.
BUSINESS / Economy / FOCUS
Apr 22, 2025
Yen on the march as Plaza Accord 2.0 debate grows
The U.S. has claimed that Japan's currency is undervalued, with some in the administration of President Donald Trump calling for a Plaza Accord 2.0.
People walk past the venue for the China Import and Export Fair in Guangzhou, Guangdong province, China, on April 15.
ASIA PACIFIC / Politics
Apr 22, 2025
China ramps up charm offensive toward Taiwan alongside pressure, study shows
The number of Taiwanese attending state-supported business events in China last year is 3% higher than 2023, a Taiwan-based nongovernmental organization says.
Indian Prime Minister Narendra Modi walks as he receives U.S. Vice President JD Vance, his wife, Usha Vance, along with their children, before Vance and Modi's meeting in New Delhi on Monday.
BUSINESS / Economy / ANALYSIS
Apr 22, 2025
As U.S. VP visits India, all eyes on New Delhi’s tariff strategy
Experts warn that India’s response — even if successful — might not offer a blueprint for others since each has a unique relationship with the U.S.
Chinese leader Xi Jinping. A high-level Japanese delegation will deliver a letter from Prime Minister Shigeru Ishiba to Xi this week.
JAPAN / Politics
Apr 22, 2025
Ishiba pens letter to Xi as Japan aims to avoid trade crossfire
The gesture highlights Japan’s desire to balance managing its relationships with China, its largest trading partner, and with the U.S., its sole formal security ally.
An LNG tanker is guided by tug boats in Cameron Parish, Louisiana, on April 14, 2022. The European Union is looking at ways to make it easier for U.S. gas exports to comply with its methane emissions rules.
WORLD / Politics
Apr 21, 2025
EU explores tweaking methane rules for U.S. gas to help trade talks
The European Commission is looking at using flexibilities in how it applies the bloc's methane rules, which could benefit U.S. liquefied natural gas exporters, sources say.
Prime Minister Shigeru Ishiba speaks at a parliamentary committee session in Tokyo on Monday, during which U.S. tariffs were discussed.
BUSINESS / Economy
Apr 21, 2025
Tokyo insists defense issues and tariff talks must remain separate
Mixing the two risks distorting the essence of each issue, Prime Minister Shigeru Ishiba says.
Bags of rice at a warehouse in Pyeongtaek, South Korea. Japan imported South Korean rice for the first time since 1999 this month amid soaring domestic prices for the staple grain.
BUSINESS / Economy
Apr 21, 2025
Japan buys first South Korean rice in over two decades as prices surge
The Japan office of South Korea’s National Agricultural Cooperative Federation said it brought in and sold 2 tons of Korean rice this month.
Hyundai vehicles drive into a cargo ship at a port near the company's Ulsan plant in March.
BUSINESS / Markets
Apr 21, 2025
Shrinking South Korea exports send global warning on Trump tariffs
The data will be closely watched for clues on how Trump’s new levies are playing out in the real world.
U.S. President Donald Trump announces tariffs on several countries during a press conference on April 2.
BUSINESS / Markets
Apr 21, 2025
World’s economic chiefs to face Trump’s trade war in Washington
Finance chiefs want an off-ramp from the worst global trade crisis in a century. This week they’re heading toward its epicenter.
Cranes and containers are pictured at the Yantian port in Shenzhen, Guangdong province, China, on Thursday.
BUSINESS / Economy
Apr 21, 2025
China warns countries against striking trade deals with U.S.
Beijing will firmly oppose any party striking a deal at China's expense and "will take countermeasures in a resolute and reciprocal manner," its Commerce Ministry said.
Global trade, energy and financial networks are increasingly being leveraged as strategic tools by nations, with supply chains, shipping routes and financial systems becoming potential points of conflict.
COMMENTARY / World
Apr 21, 2025
How much 'weaponization' can the global economy take?
Global trade, energy and financial networks are increasingly being leveraged as strategic tools by nations.
Sen. Elizabeth Warren, a U.S. Democrat from Massachusetts, speaks on the floor of the New York Stock Exchange on Thursday. Warren says a series of rash actions by the U.S. president are seeding uncertainty across the economy.
BUSINESS / Markets
Apr 21, 2025
Wall Street ‘cops are gone’ after Trump overhaul, Democratic senator warns
The moves to purge federal regulatory agencies would leave consumers and markets vulnerable to fraud and corruption, Sen. Elizabeth Warren says.
Shipping containers at Pyeongtaek port in Pyeongtaek, South Korea, on April 15
BUSINESS
Apr 21, 2025
South Korea finds 'Made in Korea' breaches aiming to slip U.S. tariffs
In March, 19.3 billion won worth of surveillance cameras were imported from China in parts and reassembled in South Korea to bypass U.S. restrictions.
U.S. Vice President JD Vance and his wife Usha
WORLD / Politics
Apr 21, 2025
Trump’s global trade war hangs over Vance’s India visit
Vance’s visit comes as hopes are running high in India that the country can secure a quick deal and a reprieve from weightier levies.
A historic surge in rice prices in Japan is prompting retailers to turn to cheaper ingredients like barley and noodles in bento meal boxes to keep costs down and hold on to customers.
JAPAN
Apr 20, 2025
Japanese retailers trying to overcome soaring rice prices
Some retailers are expanding the sale of lower-priced foreign rice.
Tariffs, and the risk they pose to both the economy and inflation, have been the focus of global attention.
BUSINESS / Economy
Apr 20, 2025
First shock waves of Trump’s tariffs are about to hit the world economy
The International Monetary Fund (IMF) is set to lower its outlook for economic growth in new projections released on Tuesday.
A Boeing 737 MAX plane, intended for China's Xiamen Airlines, arrives at King County International Airport after returning from China due to ongoing tariff disputes, in Seattle, Washington, on Saturday.
BUSINESS / Companies
Apr 20, 2025
Boeing jet returns to U.S. from China, a victim of Trump's tariff war
The return of the 737 MAX is the latest sign of disruption to new aircraft deliveries from a breakdown in the aerospace industry's decades-old duty-free status.

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