The proposed 25% tariff on semiconductors by US President Donald Trump is unlikely to affect India’s semiconductor industry due to two key reasons. First, India’s semiconductor ecosystem is still in its early stages, and the country does not currently export chips. Second, even as India develops its chip manufacturing and assembly ecosystem in the coming…
President Xi Jinping’s embrace of Chinese tech bosses in a rare public meeting is fueling hope Beijing is shifting its stance to give the private sector a freer hand as it fights a trade war with U.S. President Donald Trump. Four years after launching a regulatory crackdown that plunged the tech sector into turmoil, China’s…
Malaysia’s trade minister has reaffirmed his country’s commitment to strengthening investment ties with Hong Kong amid worries that the US could impose further punitive measures targeting the city and mainland China. Tengku Zafrul Aziz, Malaysia’s minister for investment, trade and industry, said on Monday that Asean would continue to engage with the United States while…
Malaysia’s trade minister has reaffirmed his country’s commitment to strengthening investment ties with Hong Kong amid worries that the US could impose further punitive measures targeting the city and mainland China. Tengku Zafrul Aziz, Malaysia’s minister for investment, trade and industry, said on Monday that Asean would continue to engage with the United States while…
All 13 of Canada’s premiers have descended upon Washington in an unprecedented effort to remind American officials that their northern neighbour is a pivotal partner as the US weighs imposing tariffs on Canadian imports. Led by Ontario Premier Doug Ford, the high-profile show of concern features a pitch to enlist Canadian provinces as the US…
PORTSMOUTH, UNITED KINGDOM – OCTOBER 28: The container ship Vung Tau Express sails loaded with shipping containers close to the English coast on October 28, 2024 in Portsmouth, England. Matt Cardy | Getty Images News | Getty Images Tariffs proposed by U.S. President Donald Trump are not simply symbolic, but are punitive and will “cost…
PORTSMOUTH, UNITED KINGDOM – OCTOBER 28: The container ship Vung Tau Express sails loaded with shipping containers close to the English coast on October 28, 2024 in Portsmouth, England. Matt Cardy | Getty Images News | Getty Images As the specter of Donald Trump’s reciprocal tariffs looms, several Asian economies that enjoy substantial trade surpluses…
The headquarters of the World Trade Organization in Geneva on Feb. 5, 2024. Fabrice Coffrini | Afp | Getty Images Hong Kong will file a complaint on recent U.S. tariffs imposed on the city to the World Trade Organization, claiming the U.S. has completely ignored the city’s status as a separate customs territory, chief secretary Eric Chan said on Tuesday. “This is absolutely inconsistent with…
A merchant adorns her store with Spring Festival decorations in the Yiwu International Trade Market in Yiwu, East China”s Zhejiang province, Feb 9, 2025. [Photo/Xinhua] HANGZHOU — Yiwu International Trade Market, the world’s largest wholesale market for small commodities located in the city of Yiwu in East China’s Zhejiang province, reopened on Sunday after the…
Donald Trump’s tariffs are being challenged. But not the ones you might think. As the recently inaugurated US president presses even more aggressive tariffs to address various national issues unrelated to trade, a legal challenge to the taxes he imposed on China in his first term has garnered fresh attention. Observers say lessons from the…