Country: United States of America
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Offshore Yuan Hits Historic Low on U.S.-China Trade Tensions
China's offshore yuan fell to an all-time low against the U.S. dollar on Tuesday as trade tensions between the United States and China escalated after days of turmoil over tariffs. The offshore yuan, which is circulated outside mainland China and is ...
U.S. Will Not Let China Disrupt Panama Canal: Pentagon Chief
By María Isabel Sánchez The United States will not allow China to jeopardize the operations of the Panama Canal, U.S. Defense Secretary Pete Hegseth warned during a visit to the Central American nation on Tuesday. ...
Indonesia Eyes U.S. Market Share from China and Others, Offers Trade Concessions to Trump’s Tariffs
Indonesia is moving quickly to convince Washington it’s not the problem — announcing trade concessions, cutting import duties on American goods, and signaling it’s open to buying more. All this was done to defuse tensions with U.S. tariffs about ...
China Urges U.S. to Show ‘Sincerity’ in Iran Nuclear Talks
China urged the United States on Tuesday to show "sincerity" in nuclear talks with Iran, a day after Washington and Tehran made the shock announcement that high-level discussions would take place this week. President Donald Trump said that the U.S. would ...
China Vows to “Fight to the End” Against Additional Tariffs
China’s Commerce Ministry pushed back against U.S. President Donald Trump’s threat to impose an additional 50% tariff on Chinese goods. On Monday, Trump said on his Truth Social account that he would levy the additional fee if Beijing doesn’t cancel a 34% retaliatory tariff announced in response to ...
U.S. Tariff War Could Deepen Indonesia’s Ties with China—But Jakarta Holds the Keys
When the United States slaps a 32% tariff on a wide range of Indonesian exports, it frames the move as a way to protect American industry. But halfway around the world, the decision opens the door to deeper strategic realignment. With access to U.S. markets suddenly ...
China and the New World Trade War
U.S. President Donald Trump insisted on Monday that he will not back down from his massive tariff campaign that he launched last week and even promised to impose even higher duties on Chinese goods in response to Beijing's 34% tariff retaliation ...
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, ...
Panama Wants ‘Respectful’ Ties With U.S. Amid Canal Threats
Panama hopes to maintain a "respectful" relationship with the United States, even as President Donald Trump has repeated threats to retake the Panama Canal, Foreign Minister Javier Martinez-Acha said Saturday. His comments came ahead of a visit next week by U.S. ...