Trump tariffs

Trump’s renewed tariffs will likely expedite Asean integration

The political agenda behind levies also threatens to hurt the region’s ties with the US

The Trump administration urged the Supreme Court to leave the Federal Circuit ruling in place, saying the president did exactly what Congress envisioned.

Trump’s first-term China tariffs survive Supreme Court challenge

Customs data shows importers continue to pay more than US$35 billion a year under the expanded Section 301 tariffs

The administration began processing refunds in April after the Supreme Court ruled that President Donald Trump did not have the authority to impose tariffs using Ieepa.

US refunds US$22 billion in tariffs, offsetting customs revenue

For the full fiscal year, the country’s deficit is expected to widen, based on Congressional Budget Office projections

The government also argues it cannot refund final tariff payments without a court order because there is no statutory authority for CBP to reopen final tariffs.

Customs says US$11.4 billion is tied up in US tariff refund appeal

CBP has been processing billions of US dollars in refund claims through a new online portal for more than a month

Vietnam Airlines and Vietjet Air together signed a deal to purchase 250 Boeing 737 MAX aircraft.

Vietnam orders airlines to accelerate US deals as Washington trade probes mount

The US trade deficit with Vietnam reached US$54.8 billion in the first three months of 2026

Maritime vessels off Singapore's waters. The war on Iran, which has disrupted global supply chains, entered its 100th day on Jun 6.
THINKING ALOUD

In a world of long-drawn crises, ‘wait and see’ may be a decreasingly tenable stance

The end of optimism in a post-common-sense era of geopolitics

Airlangga Hartarto expects copper cathode exports from Freeport Indonesia to be exempted from the US tariff Section 232.

New US tariff, exemptions will provide growth stimulus for Indonesia, minister says

USTR has proposed levies of up to 12.5% on imports from 60 countries

In 2025, Singapore exported S$27 billion worth of NODX to the United States.

Proposed 12.5% tariff could affect one-third of Singapore exports; MTI rejects US claim of forced labour links

Exemptions include energy products, pharmaceuticals, certain electronics, aerospace products and semiconductors

The order will not take effect right away, and many of the rule changes will be developed with input from stakeholders across the trade industry.

Trump executive order directs customs to crack down on tariff cheats

Foreign companies that bring goods into the US will face stricter compliance requirements as well

Trade lawyers have expressed concerns for months that the Trump administration’s plan for refunds would place too much of the burden on importers to act.

US appeals trade court order for broad Ieepa tariff refunds

The customs agency has said that it’s in the process of repaying approximately US$85 billion so far