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HANOI (Reuters) -Vietnam will cut its tariffs on several U.S. products including LNG and cars, and moved to approve Starlink services, as the country tries to avoid being hit with U.S. tariffs because of its large bilateral trade surplus.
ADDIS ABABA, March 28 (Xinhua) -- Ethiopia has substituted 2.7 billion U.S. dollars worth of imported products with locally produced commodities during the first eight months of the current fiscal year, which began on July 8, 2024, the state-run Ethiopian News Agency reported on Friday.
HANOI: The Ministry of Finance (MoF) said it has submitted a proposal to the Government regarding tax policies to enhance Vietnam's trade competitiveness and align its tariff structure with global economic shifts.
JAKARTA: Indonesia is set to impose an anti-dumping import duty on nylon film from China, Thailand and Taiwan, according to a finance ministry regulation published on Wednesday.
Shares of Indian steel companies have risen after a government body recommended a temporary tax on some steel products in a bid to curb cheap imports, raising hopes their earnings might get a boost.
A rocky US stock market will be tested in the coming week by a pivotal deadline for President Donald Trump's tariff plans and an employment report that could reveal a slowing economy.
IPOH: The Perak Customs Department foiled an attempt to import electrical goods worth RM581,850 without permits at the Integrated Customs Inspection Centre in Port Klang in January and February, says its acting director Suzana Sarif.
Tariffs are already a bad word in global markets but their effect, particularly the blanket 25% tariff on automobiles, will hit hard due to the secondary impact it will have.
ABOARD AIR FORCE ONE (Reuters) - U.S. President Donald Trump said on Friday that he was open to carving out deals with countries seeking to avoid U.S. tariffs but those agreements would have to be negotiated after his administration announces reciprocal tariffs on April 2.
Any pullback in Chinese stocks from Donald Trump's April 2 tariffs would be a buying opportunity, according to some of the nation's most experienced money managers.
US President Donald Trump's promise during last year's election to make it far easier to drill for oil and gas thrilled energy executives who believed his policies would lower their costs and help them make a lot more money.
SINGAPORE: Asian stocks fell on Friday with heavy selling in South Korea and Japan while safe-haven gold hit a record high as the latest tariff salvo from U.S. President Donald Trump stoked investor worries of an all-out trade war.
SINGAPORE: Asian stocks slid on Friday with heavy selling in South Korea and Japan while safe-haven gold was perched at a record high as the latest tariff salvo from U.S. President Donald Trump stoked investor worries of an all-out trade war.
Traders who have been paying dearly to ship copper to America before US President Donald Trump imposes import tariffs on the metal now face a high-stakes race to get shipments there in time.
WASHINGTON/OTTAWA (Reuters) -U.S. President Donald Trump and Prime Minister Mark Carney on Friday had a conversation that both men described as productive, although the Canadian leader said Ottawa would be imposing retaliatory tariffs next week as promised.
NEW YORK, March 28 (Xinhua) -- U.S. stocks tumbled Friday as investors reacted to worsening consumer sentiment and inflation data, highlighting U.S. President Donald Trump's tariff policy.
NEW YORK: Asian shares dropped Friday (March 28), mirroring US equities, as concerns about the upcoming 'reciprocal tariffs' and a widening trade war overshadowed data showing the US economy grew faster than estimated.
Asian emerging market equities drifted lower on Thursday as U.S. President Donald Trump's new auto tariffs weighed on automakers in South Korea, while stocks in Southeast Asia hit a more than two-week high led by Malaysia and Singapore.
SOUTH Korean and Thailand equities tumbled on Friday after new U.S. tariffs on auto imports jolted car and auto parts makers, while participants in Asian emerging markets braced for the reciprocal U.S. tariffs set to take effect next week.
Gold hit a record high on Friday as fresh tariff plans from U.S. President Donald Trump fuelled fears the global trade war will intensify further, prompting investors to seek refuge in the safe-haven precious metal.
