US importers race to create bonded warehouses amid Trump tariffs
WASHINGTON D.C. : Companies importing goods into the United States from China are rushing to convert warehouses into facilities that are exempt from President Donald Trump’s tariffs until they are ready to sell the
President Trump announces 59% cuts in US prescription drug prices, one day after new pharma policy
WASHINGTON : US President Donald Trump announced on Monday, May 12, that the US government is reducing prescription drug prices by 59 per cent, one day after he announced the new US pharmaceutical policy.
Tariff gap that once favoured India is shrinking fast after latest US-China deal: GTRI
NEW DELHI : The recent US-China trade deal has significantly reduced the tariff gap between India and China, potentially impacting India’s competitive edge in attracting companies looking to relocate from China. According to Mr.
Vietnam PM : Still aiming for growth target despite U.S. tariffs
HANOI : Vietnam faces more challenges than opportunities because of U.S. tariffs but will still aim to meet its target of at least 8% growth this year, the Prime Minister Pham Minh Chinh said
President Trump suggests some trade deals may come soon
WASHINGTON : President Donald Trump suggested that his administration could strike trade deals with some countries as soon as this week, offering the prospect of relief for trading partners seeking to avoid higher US
US unlikely to budge as India lobbies for sectoral tariff exemptions on steel & aluminium
NEW DELHI : The United States (US) hasn’t yet budged to repeated requests to exempt India from steeper sectoral tariffs, especially on steel and aluminium in return for concessions New Delhi plans to provide
US imposes new duties as high as 3,521% on solar imports from Southeast Asia
WASHINGTON D.C. : The US set new duties as high as 3,521% on solar imports from four Southeast Asian countries, delivering a win for domestic manufacturers while intensifying headwinds already threatening the country’s renewable
SHIPPING: China cargo bookings expected to plunge as US trade war intensifies
HONG KONG : Container throughput from China’s main ports fell by 6.1% over the past week and cargo bookings over the next three weeks are projected to be down by 30-60% in China and