Trump vows to double Canadian auto tariffs, escalating fight
US President Donald Trump pledged to double the automobile tariff on Canadian vehicles and parts starting next year, escalating the spiraling trade fight between the two economies.
Canada braces itself for protracted trade war
OTTAWA: Prime Minister Mark Carney's government sees little chance of resuming talks with President Donald Trump before the midterm elections after trade negotiations collapsed, according to people familiar with the matter.
Trump unveils trade actions to compete with China on solar and chips
WASHINGTON: The White House on Thursday imposed a series of price floors and a 15% tariff on products made from polysilicon, the raw material used in semiconductors and solar panels that is primarily produced by China.
Singapore says exports worth US$7.4bil affected by new U.S. tariffs
SINGAPORE: About one-third of Singapore's exports to the U.S., worth S$9.5 billion ($7.4 billion), will be affected by a new U.S. tariff of 12.5% imposed on July 24, Trade Minister Gan Kim Yong said.
Malaysia among 17 economies subject to lower 10% US Section 301 tariff
KUALA LUMPUR: Malaysia has been placed in the lower tariff tier under the United States' Section 301 measures related to forced labour, with a 10% duty taking effect from 12.01 am US time on July 24.
Malaysia faces 10% duty under US’s new Section 301 tariffs over forced labour import rules
KUALA LUMPUR: Malaysia, among Asean countries, faces the lowest tariff of 10 per cent under the United States' new Section 301 tariffs following failure to impose and effectively enforce forced labour import rules.
FMM urges US to consider fairness in proposed Section 301 tariffs on Malaysian goods
KUALA LUMPUR: The Federation of Malaysian Manufacturers (FMM) has urged the United States to adopt a balanced approach to its proposed Section 301 tariff action on goods from economies accused of lacking import bans on products made with forced labour.
Trump’s new US tariff wall shakes up winners, losers lineup
President Donald Trump is rolling out new tools with the same protectionist goals after the Supreme Court ruled his sweeping global tariffs to be illegal.
