The Business Times

Tariffs

International

Japan requests new US tariff treatment be as favourable as 2025 agreement, government says

Trump has invited Japanese Prime Minister Sanae Takaichi to visit Washington next month

Trump did not elaborate on the administration’s refund strategy and the Justice Department has not offered details in court yet about how it intends to proceed.
Global Enterprise

Trump faces tough legal landscape to oppose tariff refunds

Trade lawyers have warned that the government did not completely rule out the possibility of refund fights

The government will pay refunds to the importer, not the final commercial customer and not individual consumers.
International

What to know about Trump’s tariff refunds after the US Supreme Court decision

One of the biggest questions is whether companies will have to sue to get a refund from Customs and Border Protection

FedEx did not provide the dollar value of the refund it is seeking.
International

FedEx sues US for refund on Trump’s emergency tariffs

[LOS ANGELES] Global transportation company FedEx on Monday filed a lawsuit in the US Court of International Trade seeking a refund for President Donald Trump’s emergency tariffs, which the US Supreme...

President Donald Trump threatened higher tariffs on goods from countries that "play games" with their existing US trade agreements, following the Supreme Court's decision quashing his global duties.
International

Trump warns countries that ‘play games’ with US trade deals will face higher tariffs

He suggested that the US could impose new license fees on trading partners

The new cumulative rate means some goods would be above the 15% ceiling that the EU and US agreed to in their trade deal.
International

EU warns that Trump’s new tariff policy breaks trade agreement

The new global levies can stay in place for as many as 150 days

Under Section 122 of the US Trade Act of 1974, Trump's global tariffs of 15 per cent are lower than the previous tariff rates imposed on most South-east Asia's economies before the ruling.
Asean Business

South-east Asia gets tariff breather as Trump resets duties, but too early for region to rejoice

Most of the region’s economies now face tariff rates that are lower by up to 3.5 percentage points, analyst notes

For the likes of China, which also saw a 10% fentanyl tariff scrapped by the courts, exports now face less punitive rates.
Global Enterprise

China, India among winners after US court blocked Trump tariffs

The new across-the-board levy effectively resets the playing field for America’s trade partners

Trump later says that he will reimpose a 15% global tariff and pledged new trade investigations.
International

China monitoring Trump’s new trade moves after US court defeat

Investigations under Section 301 and Section 232 have previously been used to place duties on Chinese exports, automobiles and metals

The Bloomberg’s dollar index fell 8.1% last year, its biggest annual drop in eight years.
Capital Markets & Currencies

Dollar falls as traders sell US assets on trade policy risks

Asian currencies have also climbed

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