Tag: "US tariff"
WTO downgrades global trade growth forecast to 0.5% for next year

WTO downgrades global trade growth forecast to 0.5% for next year

World 10:20 08/10/2025

The World Trade Organization sharply lowered its 2026 forecast for global merchandise trade volume growth to 0.5% on Tuesday, citing expected delayed impacts from U.S. President Donald Trump's tariffs.

EU to halve steel import quotas to preserve domestic industry

EU to halve steel import quotas to preserve domestic industry

World 10:15 08/10/2025

BRUSSELS -- The European Commission proposed on Tuesday cutting tariff-free steel import quotas by almost half and a 50-percent duty for excess shipments in a bid to preserve viable steelmaking in the European Union.

Thai industrial sentiment hits 3-year low in August on politics, strong baht

Thai industrial sentiment hits 3-year low in August on politics, strong baht

World 16:10 17/09/2025

Thailand's industrial sentiment index fell to its lowest level in three years in August on worries about domestic political uncertainty, a strong baht currency and U.S. tariffs, the Federation of Thai Industries said on Wednesday.

Lower US tariffs on Japan to take effect by September 16

Lower US tariffs on Japan to take effect by September 16

World 15:17 09/09/2025

TOKYO -- U.S. tariff rates on some Japanese goods are expected to be formally lowered by September 16, Japanese economic revitalization minister Ryosei Akazawa said Tuesday.

Wary diners shun restaurants, raising prospect of boost for retailers

Wary diners shun restaurants, raising prospect of boost for retailers

World 17:04 20/08/2025

Cash-conscious consumers choosing to eat in rather than dine out have raised the prospect of an upturn in earnings for supermarkets and food delivery firms, according to data, analysts and company executives.

JETRO struggles to expand scallop supply chain in US

JETRO struggles to expand scallop supply chain in US

World 17:43 19/08/2025

NEW YORK -- The Japan External Trade Organization, or JETRO, struggles to build a new supply chain for Japanese scallops in the United States that involves processing in Mexico, people familiar with the matter said Sunday.

300% US chip tariff to push down Japan GDP by 0.42%: economist

300% US chip tariff to push down Japan GDP by 0.42%: economist

World 17:42 19/08/2025

TOKYO -- Japan's real gross domestic product is projected to be pushed down by up to 0.42 pct in a year if the United States imposes a 300 pct tariff on semiconductors, Takahide Kiuchi, executive economist at Nomura Research Institute Ltd., said Monday.

Breakfast @ Tuoi Tre News - August 10

Breakfast @ Tuoi Tre News - August 10

Vietnam News 08:32 10/08/2025

Good morning from Vietnam!

Asia's factory activity worsens as US trade uncertainty bites

Asia's factory activity worsens as US trade uncertainty bites

World 16:09 01/08/2025

Asia's factory activity deteriorated in July as soft global demand and lingering uncertainty over U.S. tariffs weighed on business morale, private sector surveys showed on Friday, clouding the outlook for the region's fragile recovery.

Trump says US will set 15% tariff on South Korean imports under new deal

Trump says US will set 15% tariff on South Korean imports under new deal

World 16:32 31/07/2025

President Donald Trump said on Wednesday the U.S. will charge a 15% tariff on imports from South Korea, down from a threatened 25%, as part of a deal that eases tensions with a top-10 trading partner and key Asian ally.

Trump eyes 'world tariff' of 15-20% for most countries

Trump eyes 'world tariff' of 15-20% for most countries

World 14:32 29/07/2025

TURNBERRY, Scotland -- President Donald Trump said on Monday most trading partners that do not negotiate separate trade deals would soon face tariffs of 15% to 20% on their exports to the United States, well above the broad 10% tariff he imposed in April.

ECB to keep rates steady as trade conflict clouds economic outlook

ECB to keep rates steady as trade conflict clouds economic outlook

World 15:24 24/07/2025

FRANKFURT -- The European Central Bank was set to keep interest rates on hold on Thursday, pausing after seven straight cuts as it waited for the fog surrounding Europe's trade relations with the United States to clear.