The Business Times

US tariffs

International

Trump says all trade talks with Canada are terminated

Narendra Modi has called Malaysian Prime Minister Anwar Ibrahim to inform him that he will attend the Association of South-east Asian Nations summit virtually.
ASEAN Business

Modi to skip Asean summit, likely miss out on Trump meeting

Chinese imports currently face US tariffs of around 55%, which could shoot up to 155% if Trump follows through on his threatened tariff hike.
Global Enterprise

US mulls curbs on exports to China made with US software: sources

The US leader has listed rare earths, fentanyl and soybeans as the top trade issues for his side to discuss with China.
Global Enterprise

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

S&P 500 companies are projected to show an earnings growth rate of 9.3% in the July-September period, a decline from 13.8% in the second quarter, according to LSEG data.
Companies & Markets

Global companies hit by more than US$35 billion in US tariffs, but outlook stabilising

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

Compared with other industries, biotech startups typically have long and uncertain timelines, as well as high capital requirements – all of which translate into perceived higher risk.
Singapore

Challenging economic conditions raise the bar for nascent biotech startups as funding dries up

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

President Tharman Shanmugaratnam, speaking during a panel at the IMF headquarters on Oct 16, said there is an opportunity for Asian countries to reconfigure trade links.
Global Enterprise

Countries can build new trade links, resilience amid US tariffs and unpredictability: President Tharman

“I think we’re going to be fine with China, but we have to have a fair deal. It’s got to be fair,” said US President Donald Trump.
Global Enterprise

Trump says threatened high tariffs on China ‘not sustainable’

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