In a development that could reshape the global trade landscape, US President Donald Trump confirmed he will reduce tariffs on Chinese goods to 47%, down from the previous 57% rate. The move comes after what he described as an “amazing” face-to-face meeting with Chinese President Xi Jinping in Busan, South Korea — their first direct […]
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As the world’s attention sharpens on East Asia, U.S. President Donald Trump is set to land in South Korea this Wednesday for a critical two-day visit — one that could shape the future of global trade and diplomacy. His most anticipated moment? A long-awaited meeting with Chinese President Xi Jinping — their first in six […]
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United States President Donald Trump confirmed Monday that he will soon embark on a diplomatic tour of Malaysia, Japan, and South Korea, reaffirming his intent to maintain strong relations in the Asia-Pacific region while keeping the door open for discussions with Chinese President Xi Jinping, according to Kyodo News. Speaking at the White House alongside […]
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After nearly five years of suspended air connectivity, China and India are finally reopening the skies between them. This long-awaited move symbolizes more than just the resumption of flights—it marks the rekindling of diplomatic, economic, and cultural exchanges between two of Asia’s largest economies. China Eastern Airlines has confirmed it will resume commercial flights between […]
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China’s trade landscape is showing contrasting signals — a sharp decline in exports to the United States but a promising surge in global shipments. According to customs data released Monday, China’s worldwide exports climbed 8.3% year-on-year in September, reaching USD 328.5 billion, surpassing economists’ expectations and marking the strongest performance in six months. This follows […]
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SEOUL – South Korean President Lee Jae Myung has raised concerns that ongoing tariff negotiations with the United States are unsettling the country’s foreign exchange market. Speaking during a meeting with members of the US Congress in New York on Monday, President Lee acknowledged that talks surrounding import duties have triggered unease among financial stakeholders […]
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TOKYO – Japan’s exports to the United States slumped 13.8% in August compared to the same month last year, totaling 1.39 trillion yen (approximately $9.5 billion), according to preliminary data released by the Finance Ministry on Wednesday. This marks the fifth straight month of export declines, a trend largely driven by escalating tariffs that have […]
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In a dramatic move shaking up the global semiconductor landscape, former US President Donald Trump announced a 100% tariff on semiconductors from companies that don’t invest in the United States. The declaration, made at the White House, has already sent shockwaves through Asian chip markets, with investors scrambling to make sense of what this means […]
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