Tag: trade war
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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 ...
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 ...
Trump’s Tariffs Target ‘China Plus One’ Export Hubs; ASEAN Pursues Unified Response
Prime Minister Anwar Ibrahim said Friday that Malaysia will consult ASEAN member states to form a collective response to the United States' new reciprocal tariffs, stressing the need to uphold fairness in international trade. Anwar said he has ...
Malaysia’s PM Urges Stronger China Ties Amid U.S. Tariff Threats and Rising U.S.-China Rivalry
Malaysia’s Prime Minister Anwar Ibrahim on Monday issued a call to action for ASEAN, urging the region to move beyond traditional trade and investment strategies and embrace a future defined by technological collaboration, economic resilience in ASEAN, and sustainable growth. Speaking ...
Trump’s Tariffs on China, Canada, and Mexico Spark Swift Retaliation, Fueling Trade War Fears
Trump's tariffs, U.S. trade war, China retaliation, Canada and Mexico tariffs dominate the headlines as United States President Donald Trump announces sweeping tariffs on China, Mexico, and Canada, setting the stage for what could become a global trade war. The ...
Concern Mounts U.S. Farm Belt as China Steadily Shifts Agriculture Buys to Countries in the Global South
On the eve of Donald Trump's inauguration, the Des Moines Register, the leading newspaper in the U.S. farm state of Iowa, published a story about how the state's farmers are anxious over the repercussions of yet another trade war with China ...
Analyst: China Will Diversify Iron Ore Buys From Australia, Brazil To Guinea in West Africa
Peter O’Connor, a senior analyst of metals and mining at the Australian investment firm Shaw and Partners, said out loud on CNBC what many people have been quietly thinking: that the natural progression of China's steadily deteriorating ties with Australia will prompt Beijing to end its dependence ...
As China’s International Relations Become Increasingly Fractious, Friendly Ties With Small Countries Like Ghana Gain Importance
China and Ghana marked the 60th anniversary of diplomatic relations on Sunday and while these kinds of anniversaries typically aren't very newsworthy, this year, well, things are different. Amid conflicts with India, the U.S., UK, Vietnam, Japan, Canada, Australia, and Sweden among a number ...
How African Countries Can Benefit From the U.S.-China Trade War
It's conventional wisdom that the worse the U.S.-China trade war becomes, the worse it will be for African countries who are effectively caught in the middle. But that may be the case, writes Botswana Trade Minister Bogolo Kenewendo in a new article published on ...
Huawei’s Share of the African Smartphone Market Declines Due to U.S. Pressure
While Huawei dominates Africa's telecom networking market, its share of the booming smartphone market has always lagged behind other Chinese competitors, namely Shenzhen-based Transsion who controls more than 50% of the African market. Now, according to a report in today's ...
More Evidence of Chinese Agricultural Buyers Shifting Away From US Suppliers as Mexican Pecan Exports to China Surged 3,000%
In the face of the ongoing trade war between China and the U.S., many of China’s pecan buyers have shifted their purchasing habits to neighboring Mexico. In fact, Mexico’s pecan exports to China increased by more than 3000% in 2018 relative to the previous year, with ...