Tag: "US tariff"
European pharma companies issue demands to stay in EU ahead of expected US tariffs

European pharma companies issue demands to stay in EU ahead of expected US tariffs

World 13:40 16/04/2025

PARIS -- Nearly three dozen global pharmaceutical companies, in a letter to the head of the European Commission, demanded help to maintain operations in the EU despite threatened U.S. tariffs on imports, including measures to compensate them for the cost of pharmaceutical innovations, French business newspaper Les Echos reported on Tuesday.

South Korea unveils $23 billion support package for chips amid US tariff uncertainty

South Korea unveils $23 billion support package for chips amid US tariff uncertainty

World 11:44 15/04/2025

South Korea announced on Tuesday an increase in its support package for the country's vital semiconductor industry to 33 trillion won ($23.25 billion), up about a quarter from a 26 trillion won package unveiled last year.

Japan PM warns US tariffs have potential to disrupt global economic order

Japan PM warns US tariffs have potential to disrupt global economic order

World 12:21 14/04/2025

Japanese Prime Minister Shigeru Ishiba said on Monday that U.S. tariffs have the potential to disrupt the global economic order, issuing his strongest warning to date about the damage President Donald Trump's decisions could inflict on the world economy.

Vietnam’s tourism sector upbeat amid US tariff reprieve

Vietnam’s tourism sector upbeat amid US tariff reprieve

Travel 09:45 13/04/2025

Travel agencies and tourism operators in Vietnam are embracing a brighter outlook following U.S. President Donald Trump’s recent announcement to delay the imposition of reciprocal tariffs on various countries, including Vietnam, for a 90-day period.

Investors grapple with tariff-driven economic threat as market swings persist

Investors grapple with tariff-driven economic threat as market swings persist

World 12:06 12/04/2025

NEW YORK -- Investors hoping for an end to wild market swings were reminded on Thursday that fallout from U.S. President Donald Trump's shifting tariff plans remains a threat to earnings and the economy, and could deal yet more punishment to equities.

Vietnam seeks US tariff exemptions on key agricultural exports

Vietnam seeks US tariff exemptions on key agricultural exports

Economy 08:12 12/04/2025

Vietnam’s Ministry of Agriculture and Environment has proposed the United States consider exempting several Vietnamese agricultural exports, namely seafood, fruits, vegetables, coffee, pepper, and cashew nuts, from new tariffs.

Vietnam, New Zealand PMs discuss US tariff policy in phone call

Vietnam, New Zealand PMs discuss US tariff policy in phone call

Vietnam News 19:41 11/04/2025

Vietnamese Prime Minister Pham Minh Chinh and his New Zealand counterpart Christopher Luxon held a phone call initiated by New Zealand on Thursday, during which they explored ways to enhance bilateral cooperation and discussed recent developments in international trade, including U.S. reciprocal tariff measures proposed by President Donald Trump.

Vietnam among countries entitled to US reciprocal tariff pause

Vietnam among countries entitled to US reciprocal tariff pause

Economy 20:23 10/04/2025

Vietnam is among the over 75 countries which the U.S. granted a 90-day suspension of retaliatory tariffs and a 10-percent tariff rate during this period to conduct further negotiations.

US agricultural imports to Vietnam expected to surge

US agricultural imports to Vietnam expected to surge

Economy 17:01 10/04/2025

The Vietnamese Ministry of Agriculture and Environment has forecast a significant increase in the import of U.S. agricultural products into Vietnam this quarter and in the following months, as the Southeast Asian country has reduced tariffs on many products from the U.S., including agricultural goods, with some tariffs even being cut to zero to counteract the reciprocal tariff policies from the Trump administration.

A new trade landscape takes shape given US tariffs

A new trade landscape takes shape given US tariffs

In-Depth 14:52 10/04/2025

U.S. President Donald Trump's decision to impose reciprocal tariffs sent shockwaves through the global economy, with consequences far beyond the usual economic impacts.

Vietnam’s textile industry adapts to US tariffs with strategic shifts

Vietnam’s textile industry adapts to US tariffs with strategic shifts

Economy 14:23 10/04/2025

In response to the U.S. imposing a 46-percent reciprocal tariff on Vietnamese goods, Vietnam’s textile industry is adjusting with a series of strategic initiatives, ranging from market expansion and product diversification to digital transformation and green transition.

New Zealand, Australia speak to other countries on buttressing free trade

New Zealand, Australia speak to other countries on buttressing free trade

World 14:15 10/04/2025

WELLINGTON/SYDNEY -- New Zealand and Australia said on Thursday they are each working with other nations on a possible joint response to shore up free trade against a barrage of U.S. tariffs.