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
Taiwan Unveils $12.6B Stimulus to Soften Tariff Blow, Eyes Energy Deals with U.S.
In a bold move to shield its economy from potential shocks, Taiwan’s Premier Cho Jung-tai announced on Thursday an expanded stimulus package worth T$410 billion (approximately $12.6 billion). The proposal aims to counter the economic ripple effects of impending 32% U.S. tariffs, which were recently paused for 90 days by
Hong Kong Post Halts Goods Mail to U.S., Citing “Bullying” Tariffs
In a strong response to what it calls “unreasonable and bullying” trade policies, Hong Kong Post announced that it is suspending goods mail services by sea to the United States, effective immediately. It will also pause air mail services for goods starting April 27. In its official statement, the postal
Vietnam’s Growth Under Threat as Trump Imposes Heavy Tariffs
Vietnam, long hailed as a manufacturing powerhouse and global export hub, is facing a serious economic setback after the U.S. President Donald Trump slapped a steep 46% import duty on Vietnamese goods—one of the highest among 180 nations affected. The new tariffs threaten to derail the country’s ambitious 2025 GDP