Protectionism
New US tariff starts at 10%, Trump administration working to hike it to 15%
The move added to confusion surrounding US trade policy
‘Made in Europe’ plan’s sting in tail for Asia and the wider world
The soon-to-be-finalised initiative will impact industries from cars to manufacturing, steel and defence
Bessent worried more about loss of leverage than revenue if Trump loses Supreme Court case
[GOLDEN VALLEY, Minnesota] US Treasury Secretary Scott Bessent on Thursday said he was confident in the ability to reconstitute any lost tariff revenue by imposing duties under other legal authorities...
Why haven’t Trump’s tariffs had a bigger impact?
[WASHINGTON] President Donald Trump raised the taxes that the United States charges on imports last year to levels not seen in a century.
China imposes curbs on beef imports to protect domestic industry
[BEIJING] China will impose an added 55 per cent tariff on beef imports that exceed quota levels from key suppliers including Brazil, Australia and the US in a move to protect its domestic cattle indu...
Italy says US has sharply cut proposed pasta duties after a review
Italy’s pasta exports were worth over 4 billion euros (S$6 billion) in 2024
Amazon, Microsoft back effort to restrict Nvidia’s exports to China: WSJ
AMAZON is joining Microsoft in backing legislation to further curb chipmaker Nvidia’s ability to export chips to China, the Wall Street Journal reported on Thursday, citing people familiar with the ma...
Apec Business Advisory Council calls for rejection of protectionism
The annual report to Apec economic leaders also includes recommendations for digital trade agreements
Australia lifts trade barriers on US beef
[SYDNEY] Australia said on Thursday it would lift trade barriers on beef from the United States, removing a major point of friction between Canberra and the Trump administration.
Trump says tariff letters for smaller countries coming soon; rates likely over 10%
[WASHINGTON] US President Donald Trump on Tuesday said letters notifying smaller countries of their US tariff rates would go out soon, adding that his administration would likely set a tariff of “a li...
