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Tariffs

Global Enterprise

China’s US$1 billion of daily US exports show Xi bargaining power

The deal, which hinges on energy and agriculture, may see India gradually scale back its imports of Russian crude oil, Mint reported.
Global Enterprise

India nears deal to slash US tariffs on Indian imports to 15-16%, Mint reports

Soybean grower Ryan Frieders stands in a soy field on his farm in Waterman, Illinois, Aug 27, 2025. Harvested soybeans are not moving to export hubs, and instead going to storage, representatives for the two US soy industry groups said.
Energy & Commodities

No new US soy sales to China, nothing being loaded, say US soy groups

After slapping India with 50 per cent tariffs and bashing the country for buying oil from Russia, US President Donald Trump has softened his rhetoric in recent weeks and spoken with Indian Prime Minister Narendra Modi at least twice. Trump said last week that India will stop buying oil from Russia, although it’s likely to be a gradual process. 
International

India says it’s narrowing gap with US on trade deal dispute

The new tariffs cover all Class 3 through Class 8 trucks, including large pick-up trucks, moving trucks, cargo trucks, dump trucks, and tractors for 18-wheelers.
Transport & Logistics

Trump approves expanding credits for US auto production, issues new 25% truck duties

The overall US budget deficit shrank by two per cent, or US$41 billion, for the 2025 fiscal year ending in September, the Treasury Department said, but interest paid on the public debt climbed to a record US$1.2 trillion, while health spending picked up.
International

US budget deficit narrows just slightly despite tariff revenues

Rare-earth element export controls are the catalyst for the latest flare-up between the US and China.
Capital Markets & Currencies

Port fees, cooking oil, export bans: How US-China trade tensions are ramping up and what it means

Seoul has been seeking to reach a deal by late October when US President Donald Trump is due to visit the country for an Asia-Pacific summit.
International

South Korean presidential policy chief says ‘optimistic’ about US tariff talks

The duelling remarks underscored the whiplash investors have felt as tensions have flared in the relationship between Washington and Beijing.
Global Enterprise

Trump declares US-China trade war, Bessent floats long truce

“We are considering terminating business with China having to do with Cooking Oil, and other elements of Trade, as retribution,” US President Donald Trump said on his Truth Social platform.
Global Enterprise

Trump threatens to end cooking oil purchases from China

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MDDI (P) 046/10/2024. Published by SPH Media Limited, Co. Regn. No. 202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.

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