Day: April 7, 2025
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ASEAN Plans Joint Response to Trump’s Tariffs: It Won’t Work
Trump’s latest tariffs aren’t just an attack on Southeast Asia — they’re a calculated strike at China’s economic flank. Vietnam has a 46% tariff, Cambodia and Laos have 49% and 48%, and Thailand, Indonesia, Malaysia, and Singapore have rates between ...
Legal Wrangles Increase Around Panama Ports
The signing of a deal to sell two ports in Panama by the Hong Kong ports company CK Hutchison to the U.S. investment group BlackRock could be delayed by legal proceedings. While China’s competition regulator has undertaken a review of the deal amid growing criticism, Panama’s government ...
“Ugly Monday” Kicks Off China’s Response to U.S. Tariffs
China’s stock market suffered the largest losses since 2022 as investors braced for the impact of China’s countermeasures to cumulative tariffs of more than 50% imposed by the Trump administration. Beijing announced 34% retaliatory tariffs on all U.S. imports on Friday. The announcement came during a long weekend ...
Philippines, U.S. Launch Joint Drills Aimed at ‘Deterrence’
The Philippine and U.S. air forces kicked off joint exercises Monday aimed at boosting operational coordination and enhancing "strategic deterrence," Manila's military said. The drills follow months of confrontations between Bejing and Manila over disputed areas of the South China Sea, ...