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WASHINGTON: President Donald Trump's administration said on Friday Vietnam's actions to push down the value of its currency are "unreasonable" and restrict U.S. commerce, but did not take immediate action to impose punitive tariffs.
WASHINGTON, Jan 16 (Reuters): President Donald Trump's administration on Friday (jan 15) said Vietnam's actions to push down the value of its currency are "unreasonable" and restrict US commerce, but did not take immediate action to impose punitive tariffs.
KUALA LUMPUR, Jan 15 (The Star/ANN): Indonesia’s exports and trade surplus will continue to rise further as its biggest trading partner (China) is expected to bounce back strongly this year, according to a comment by ING on Friday.
NEW YORK (Bloomberg): US President Donald Trump famously tweeted that "trade wars were good, and easy to win" in 2018 as he began to impose tariffs on about US$360 billion of imports from China. Turns out he was wrong on both counts.
China's 2020 trade performance robust despite pandemic disruptions
KEY economic data for this week will be the growth of industrial production and unemployment rate that will help investors and economists gauge the recovery of the economy.
BANGKOK (The Nation/ANN): Thai National Shippers Council (TNSC) expects exports this month to only grow by 3 to 4 per cent, as the new wave of Covid-19 infections is expected to further affect the export sector.
HANOI: In December 2020, the US Trade Representative (USTR) office organised a hearing to gather opinions from US businesses and organisations regarding suspicions that Vietnam’s increasing trade surplus with the US was caused by deliberate undervaluation of the Vietnamese dong.
SEOUL: South Korea’s exports climbed at the fastest pace in more than two years in December, buoyed by a pickup in global demand as vaccines raised hopes for a recovery.
Facing US tariff threat, Vietnam’s furniture makers fight back against claims of illegal trading practices
HONG KONG, Jan 2 (SCMP): Vietnam has reaped the benefit of the US-China trade war, seeing its goods surplus with the US surge by 180 per cent since Donald Trump won the 2016 electionTwo separate US probes into timber trade and currency have sent ripples of anxiety through the furniture industry, one of the big winners