KIA Motors vehicles are parked to be exported at a port in Pyeongtaek, South Korea

Trump Raises Tariffs on South Korean Autos and Key Goods, Accusing Seoul of Delaying Trade Deal Implementation

United States President Donald Trump said on Monday (Jan 26) that his administration would raise tariffs on imports from South Korea, including automobiles and other major goods, accusing Seoul’s legislature of failing to implement a trade framework agreed between the...
railway station in Varanasi

India Set to Reduce Steep Car Tariffs to 40% as New Delhi Nears Major Free Trade Pact With EU

India is preparing its biggest opening yet of the tightly protected automobile sector by agreeing to sharply cut import tariffs on cars from the European Union, as New Delhi and Brussels move toward finalising a long-awaited free trade agreement that...
US Treasury Secretary Scott Bessent

US Threatens 100% Tariffs on Canadian Imports If Ottawa Finalises New Trade Deal With China

The United States will impose tariffs of up to 100 per cent on Canadian imports if Ottawa finalises a new trade agreement with China, US Treasury Secretary Scott Bessent said on Sunday (Jan 25), escalating pressure on Canada as tensions...
UK Soldiers from 5 Rifles on patrol in Helmand Province, Afghanistan

Trump Climbs Down After Outcry Over Afghan War Remarks, Praises British Troops Following NATO Backlash

U.S. President Donald Trump on Saturday praised British troops as “among the greatest of all warriors” to fight in the Afghan war, seeking to ease tensions a day after comments attributed to him sparked outrage among UK officials and NATO...
Donald Trump

Trump Vows Additional Tariffs on European Allies Over Greenland Dispute as US Trade Chief Urges Brussels to Make Its Own Decisions

U.S. Trade Representative Jamieson Greer said on Saturday that European governments will have to decide for themselves whether to incorporate President Donald Trump’s new tariff threats into broader trade negotiations, following Trump’s warning of fresh import duties tied to opposition...
Semiconductor chips

South Korea Says US AI Chip Tariffs Likely to Have Limited Immediate Impact

South Korea’s Trade Minister Yeo Han-koo on Saturday (Jan. 17) said that a new U.S. proclamation imposing a 25 per cent tariff on certain advanced computing chips is expected to have a limited immediate effect on South Korean companies. “While...
Anthony Albanese - Donald Trump

Australia Applauds U.S. Move to Defer Tariffs on Critical Minerals While Both Nations Work to Build Resilient Supply Chains

Australia has welcomed U.S. President Donald Trump’s decision to defer any potential tariffs on critical minerals, as he instead directs his administration to pursue supply agreements with trusted international partners. The announcement comes after a months-long review by the U.S....
US Treasury Secretary Scott Bessent

Washington warns China over rare earth exports as Trump administration mulls tariff hike

The United States signaled a tougher stance toward China on Sunday (Nov 2), warning that tariffs could be raised again if Beijing fails to honor its commitments on rare earth exports. Treasury Secretary Scott Bessent said the Trump administration is...
China's Trade Slowdown in November Sparks Concerns Amid Imminent U.S. Trade Risks

Trump’s Tariffs Jolt Southeast Asia: A Region Reconsiders Its Future Between Washington and Beijing

Until early April 2025, Southeast Asian capitals seemed almost relaxed about Donald Trump’s return to the White House. Unlike European leaders bracing for another transatlantic breakdown, or East Asian allies fretting about security commitments, governments in ASEAN were relatively sanguine....
China-U.S.

US–China Trade War Escalates as Strategic Retaliation Surpasses Tariff Boundaries

The US–China trade war has entered a perilous new phase. What began as a predictable tit-for-tat exchange of tariff hikes has rapidly escalated into a broader, more complex struggle that goes far beyond import duties. The events of this week—America’s...
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