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...
Taiwan Secures “Best Tariff Deal” with US, Winning 15% Tariffs for Key Industries as China Condemns Agreement

Taiwan Secures “Best Tariff Deal” with US, Winning 15% Tariffs for Key Industries as China Condemns Agreement

Taiwan has reached a significant trade agreement with the United States, securing a 15% tariff rate with no additional fees for its automotive and wood furniture industries, and zero tariffs on certain aerospace components. The deal, hailed by Taiwan’s Prime...
Donald Trump

Trump Delays Steeper Furniture Tariffs for One Year Amid Cost-of-Living Pressures

United States President Donald Trump has delayed the introduction of steeper US tariffs on selected imported furniture products for one year, issuing the order just hours before the higher duties were due to take effect on Thursday, January 1. The...
China

China Smashes Global Trade Records as Surplus Crosses $1 Trillion, Raising Alarms Over an Export-Dependent Growth Model

In a historic economic milestone, China’s trade surplus surpassed USD 1 trillion in the first 11 months of 2025, marking the first time in global history that a country has achieved such a figure. By comparison, in 2024, nearly 160...
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...
US Ports

Trump’s Tariff Shock: The Global Blowback and the Fragile Future of U.S. Trade Policy

When President Donald Trump reimposed sweeping tariffs in 2025, declaring a 10% universal levy on all imports—with sharp escalations for Chinese and European Union goods—it marked a stark return to economic nationalism. Branded by his administration as a “reset” of...
Donald Trump - XI Jinping

China Emerges as Biggest Winner in U.S. Tariff Meltdown

As American markets convulse under the pressure of sweeping tariffs announced by the Trump administration, the clearest geopolitical beneficiary is neither Europe nor America's traditional allies—it is China. While the United States reels from financial instability and strained diplomatic ties,...
Gold

Gold Hits Record High as Trump’s Tariffs and Inflation Data Spur Safe-Haven Demand

Gold surged to an all-time high of $2,990.21 per ounce as investors sought safety amid concerns about U.S. economic growth, aggressive trade policies from former President Donald Trump, and weak inflation data. The metal's rally was fueled by expectations of...
US - Taiwan-China

U.S. Alters Taiwan Stance, Sending Strong Signals to China

Trump Administration’s Subtle Yet Symbolic Shift in Taiwan Policy Raises Geopolitical Stakes In a move that could significantly alter the balance of power in the Asia-Pacific, the U.S. State Department has removed the phrase “We do not support Taiwan independence”...
US

Economic Fallout of Tariffs: Will Trump’s Trade Tactics Raise Global Prices?

U.S. President Donald Trump announced over the weekend the imposition of tariffs on imports from Mexico, Canada, and China. The move, aimed at bolstering American manufacturing and addressing the rising threat of illegal drugs like fentanyl, marks a sharp shift...
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