Trump Reveals Japan Trade Agreement with 15% Tariff
On July 22, 2025, U.S. President Donald Trump declared a trade agreement with Japan that incorporates a 15% tariff on Japanese imports. Trump affirmed that this agreement would create hundreds of thousands of jobs and enhance US-Japan relations. He further noted Japan’s pledge to invest $550 billion in the United
China Renewed $3.4B Loan to Pakistan to Boost Foreign Reserves
China has renewed $3.4 billion in loans to Pakistan, according to two senior officials from the Pakistani government who communicated this information to Reuters on Sunday. This decision aims to alleviate pressure on foreign exchange reserves and strengthen Islamabad’s financial stability, aligning with the conditions set forth by the International
Nike to Cut China Dependence For U.S.-Bound Products
Nike Inc. has endeavoured to decrease production and sourcing for its U.S. market from China due to the heightened tariff pressure in recent U.S trade policy. This move is an effort to cushion the cargo costs from import duties imposed by President Donald Trump’s massive tariff program. Currently, China is
India to Suspend Rare Earth Exports Deal with Japan
India asked state owned miner, IREL, formerly Indian Rare Earth Limited, to suspend a 13 year-old rare earth export agreement with Japan. According to the official report by Reuters, it is happening to secure domestic supply and reduce dependency on China. The decision was taken for growing global concerns over
The US and China to Meet Up for Trade Talks on Monday
A meeting to resolve the trade war between the US and China is scheduled for Monday in London. Last Thursday, Trump and Xi Jinping had a good phone conversation over trade tensions and disputes over crucial minerals. Both countries have agreed to restart the trade in rare earth materials. Last
Labour Codes in Asia: Want to Know Your Rights? Read Here
A country’s workforce is its backbone. But recently, countless instances have been recorded where the workforce is not given its due and exploited by billion-dollar enterprises. Recently, a case emerged from India where an engineer named Nikhil Somwanshi committed suicide because of the work pressure his company was putting on
China’s Rare Earth Export Curbs Threaten Indian Auto Production
China has tightened control over rare earth magnets, causing significant challenges for Indian car manufacturers. Existing stocks are expected to run out by early June, which could lead to serious problems and disruptions in the vehicle production industry. Indian carmakers are facing delays in receiving rare earth magnets. Following China’s
Adani Airport Breaks the Partnership with China-based DragonPass
Adani Group ends its ties with the Chinese company DragonPass, a platform which offers airport lounge access services, and the termination of the partnership takes effect immediately. DragonPass customers are not allowed to enter the lounges at Adani’s Airport. The reason is unclear, but it will not affect other customers.
US-China Tariff Reduction Truce Begins for 90 Days
In a major step to alleviate economic tensions, the US and China have temporarily lifted tariffs on one another’s goods as part of a 90-day trade truce. This marks a watershed moment in the trade war between the two largest economies in the world. The U.S.-China tariff reduction deal will
Bain Capital Plans to Sell China Data Center Business Worth $4B
Bain Capital is looking to sell the China business of data centre operator WinTriX DC Group in a deal that could exceed $4 billion, according to two sources familiar with the matter. The U.S. investment firm has enlisted advisers who have held preliminary discussions with potential buyers in recent months.
