Tariff Wars


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Indian exporters welcome tariff reprieve, but deal with US stirs unease for others

NEW DELHI: Indian exporters expressed relief after US President Donald Trump announced a sharp tariff reduction on Indian goods, even as the deal triggered political controversy domestically over whether India had conceded far too much on ties with Russia and oil imports.

India-US trade deal slashes tariffs, lifts exports and markets

NEW DELHI: U.S. President Donald Trump on Monday announced a trade deal with India that slashes U.S. tariffs on Indian goods to 18% from 50% in exchange for India halting Russian oil purchases and lowering trade barriers.

South Korea vows to speed up investment law amid tariffs

SEOUL: South Korea will move swiftly to implement investment legislation sought by the United States, Industry Minister Kim Jung-kwan has pledged after returning from talks in America that he said helped clear up misunderstandings over tariffs. 

A year into Trump presidency, 'pivot to China' gathers pace

BEING/HONG KONG: When US President Donald Trump took office a year ago with an "America First" agenda, many saw trouble for China's sluggish economy, but Beijing has thawed frosty relationships with other trade partners to post a record trade surplus.

German firms' investments in China boomed in 2025 on US trade war worries

BERLIN/FRANKFURT: German companies' investments in China hit a four-year high in 2025, according to data compiled for Reuters, underscoring how US President Donald Trump's trade war is pushing industries and governments to boost business ties elsewhere.

China reliance and tariff wars emerge as top risks for the global defence industry: report

Consultancy warns geopolitical tensions and supply chain exposure are reshaping risk calculations for military manufacturers

Taiwan aims to be strategic AI partner in US tariff deal

TAIPEI: Taiwan aims to become a close strategic partner with the United States in the area of artificial intelligence (AI) after striking a deal to cut tariffs and boost its investment in the country, Vice Premier Cheng Li-chiun said on Friday.

Trump tariffs in focus ahead of key US court decision

KUALA LUMPUR: Countries across the globe, including Malaysia, await the US Supreme Court ruling later today on the reciprocal tariff imposed by President Donald Trump. 

Trump's pick as Vietnam envoy sets sights on trade gap as Hanoi's surplus with US tops China's

HANOI: The Trump administration plans to replace the US ambassador to Vietnam with a nominee set on addressing "imbalanced" trade relations, as Hanoi's goods trade surplus with Washington surpassed China's in recent quarters while it was locked in unresolved tariff negotiations with Washington.

Trump vows 25% tariff on countries doing business with Iran

President Donald Trump said he is imposing a 25% tariff on goods from countries "doing business" with Iran, ratcheting up pressure on the government in Tehran that has been rocked by widespread protests.