Trump, Cambodia and Thailand
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Cryptopolitan on MSNTrump’s new Asia tariff strategy is leaving exporters cluelessDonald Trump’s new Asia tariff strategy is leaving exporters in Vietnam, Indonesia, and the Philippines trying to make sense of what exactly counts as Chinese.
President Trump has “leveraged American bargaining power” with three Asian nations this week — and given himself momentum ahead of the looming Aug. 1 deadline for most “reciprocal tariffs,” experts predict.
Asian shares pulled back on Friday, with Japanese markets notably dipping from a recent record, as investors chose to secure profits. This comes ahead of a pivotal week featuring a deadline for U.S. President Donald Trump's tariffs and multiple central bank meetings.
President Donald Trump announced trade deals with Japan, the Philippines, and Indonesia this week. But the needle may not have moved much when it comes to swaying Southeast Asia from China's
“Trump has put pressure on a seeming plethora of Asian trading partners to buy more U.S. LNG,” said Tim Daiss, at the APAC Energy Consultancy, pointing out that Japan had agreed to buy more despite being so “awash in the fuel” that it was being forced to cancel projects and contracts to offload the excess to Asia’s growing economies.
President Trump’s new tariffs on Asia target import volumes, with key deals lacking details. Stock markets react positively; partners aim for lower tariffs.
Asian shares have rallied, with Tokyo's benchmark Nikkei 225 index up more than 3% after Japan and the U.S. announced a deal on President Donald Trump's tariffs.
SISAKET, Thailand/WASHINGTON, July 26 (Reuters) - U.S. President Donald Trump said on Saturday that the leaders of Cambodia and Thailand had agreed to meet immediately to quickly work out a ceasefire, as he sought to broker peace after three days of fighting along their border.
Aaron Forkash, a scrap metal dealer based in California, plans to continue exporting copper to Asia even after US President Donald Trump's new 50 per cent tariff on the metal comes into force on August 1.