Tag: "US tariff"
Vietnam’s exports strained by US tariff talks, Middle East turmoil

Vietnam’s exports strained by US tariff talks, Middle East turmoil

Economy 15:48 20/06/2025

Vietnam’s export sector is feeling the pressure from ongoing retaliatory tariff negotiations with the United States and escalating conflicts in the Middle East, according to the Ministry of Industry and Trade.

Vietnamese trade minister calls on American businesses to support Vietnam in reciprocal trade agreement negotiations with US

Vietnamese trade minister calls on American businesses to support Vietnam in reciprocal trade agreement negotiations with US

Economy 19:11 11/06/2025

Vietnamese Minister of Industry and Trade Nguyen Hong Dien had working sessions with the US-ASEAN Business Council (USABC) and the American Apparel and Footwear Association (AAFA) on Monday, calling on them to continue supporting Vietnam in the process of negotiating a reciprocal trade agreement with the U.S..

US steel, aluminum tariff hikes to take effect Wednesday: W.House

US steel, aluminum tariff hikes to take effect Wednesday: W.House

World 13:59 04/06/2025

The United States will double its tariffs on imported steel and aluminum starting Wednesday, according to the White House, as it published an order signed by President Donald Trump.

Gold prices climb as tariff jitters lift safe-haven demand

Gold prices climb as tariff jitters lift safe-haven demand

World 10:42 02/06/2025

Gold prices climbed on Monday as an escalation in the Russian attack on Ukraine and U.S. President Donald Trump's fresh threat to double tariffs on imported steel and aluminum prompted investors to seek refuge in safe-haven bullion.

Asia shares, dollar slip as tariff tensions darken mood

Asia shares, dollar slip as tariff tensions darken mood

World 10:41 02/06/2025

Asian share markets and the dollar made a soft start on Monday as U.S.-China trade tensions continued to simmer, while investors turned defensive ahead of key U.S. jobs data and a widely expected cut in European interest rates.

Trump says he plans to double steel, aluminum tariffs to 50%

Trump says he plans to double steel, aluminum tariffs to 50%

World 10:25 31/05/2025

WEST MIFFLIN, Pennsylvania -- U.S. President Donald Trump said on Friday he planned to increase tariffs on imported steel and aluminum to 50 percent from 25 percent, ratcheting up pressure on global steel producers and deepening his trade war.

Japan's Ishiba eyes tariff deal with US during G-7 summit

Japan's Ishiba eyes tariff deal with US during G-7 summit

World 18:14 26/05/2025

Maizuru, Kyoto Prefecture -- Japan will continue its tariff negotiations with the United States, aiming to reach a deal on the sidelines of a Group of Seven summit in Canada in June, Prime Minister Shigeru Ishiba said Sunday.

G7 glosses over tariffs, pledges to cut global economic imbalances

G7 glosses over tariffs, pledges to cut global economic imbalances

World 10:19 23/05/2025

BANFF/ALBERTA -- Finance ministers and central bank governors from the Group of Seven democracies papered over their differences on Thursday, pledging to address "excessive imbalances" in the global economy and saying they could increase sanctions on Russia.

G7 finance leaders try to downplay tariff disputes, find consensus

G7 finance leaders try to downplay tariff disputes, find consensus

World 08:32 22/05/2025

BANFF, Alberta - Finance leaders from the Group of Seven industrialized democracies sought on Wednesday to downplay disputes over U.S. President Donald Trump's tariffs and find some common ground to keep the forum viable as they met in the Canadian Rocky Mountains.

ECB's Wunsch says central bank may need to cut rates below 2%, FT reports

ECB's Wunsch says central bank may need to cut rates below 2%, FT reports

World 17:02 18/05/2025

The European Central Bank may need to cut interest rates to "slightly below" 2% as global trade tensions pose downside risks to inflation and growth, Belgium's central bank governor, Pierre Wunsch, told the Financial Times in an interview published on Saturday.

Moody's cuts America's pristine credit rating, citing rising debt

Moody's cuts America's pristine credit rating, citing rising debt

World 11:02 17/05/2025

Moody's downgraded the U.S. sovereign credit rating on Friday due to concerns about the nation's growing, $36 trillion debt pile, in a move that could complicate President Donald Trump's efforts to cut taxes and send ripples through global markets.

Japan's economy shrinks more than expected as US tariff hit looms

Japan's economy shrinks more than expected as US tariff hit looms

World 10:01 16/05/2025

TOKYO -- Japan's economy shrank for the first time in a year in the March quarter at a faster pace than expected, data showed on Friday, underscoring the fragile nature of its recovery now under threat from U.S. President Donald Trump's trade policies.