Trump, tariff
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CBS News |
Mr. Trump said his administration determined the tariff rate for each country based on the monetary levies those nations charge on U.S. imports, as well as non-monetary trade barriers like regulation...
USA Today |
Trump has announced a sweeping tariff plan that's to take effect in the coming week.
The Washington Post |
But now they are determining policy that will increase the costs of goods for many Americans.
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China retaliates against Trump with 34% tariff on US goods
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Insider |
Analysts and researchers who study the area told Business Insider the tariffs will likely push China's allies closer to Beijing, giving Chinese leader Xi Jinping an opportunity to strengthen his hold...
Reuters |
"It's an all-round blockade against China," said Yuan Yuwei, hedge fund manager at Water Wisdom Asset Management, who said he was bullish on gold and shorting China and Hong Kong stocks as a result.
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The Vietnamese government said on Friday it had asked the United States to postpone by one to three months its reciprocal tariff rate of 46% on imports from Vietnam to allow time for negotiations. Vietnam will also take steps to import more American goods,
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Irish Star on MSNTrump viewers ask 'what did Cambodia do' as President mocks massive tariffs on country in speechMany people online are confused about what Cambodia did as a country to receive Donald Trump's highest "reciprocal" tariff as Donald Trump said "Ooooh look at Cambodia!" while reading the reciprocal tariff chart as the country received the highest reciprocal tariff at 49%.
Cambodia joined other Asian countries in seeking to convince President Trump to lift the tariffs through negotiations. Earlier this week, the U.S. imposed a 49% levy on Cambodia, which is among the Asian nations that have become a major manufacturing base for U.
The US on April 2 introduced a new tariff structure under the "Liberation Day" initiative, imposing a 10% flat tariff on all imports and higher rates on key trade partners. Cambodia faces the highest at 49%,
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BANGKOK AND SINGAPORE] Washington’s latest round of tariffs have jolted South-east Asia, with Thailand and Cambodia potentially bearing some of the heaviest blows. Read more at The Business Times.
Cambodia's fashion industry do not expect export growth this year after the US announced a 49% tariff on all Cambodian goods exports.
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ABP News on MSNFaced With Steep Tariffs, Vietnam, Cambodia, Indonesia Try To Woo Donald Trump To Ease Trade TensionsAs US President Donald Trump pushes forward with sweeping tariffs of up to 50 per cent on global imports, several Southeast Asian economies are opting for diplomacy over defiance. Nations heavily dependent on exports to the United States—such as Vietnam,
Hong Kong economists expect pain for US consumers, with likes of Nike, Adidas, Under Armour and Hoka making goods in China or Southeast Asia.