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Indonesia’s trade surplus shrinks to lowest in 5 years in April
Indonesia booked a trade surplus of around $160 million in April, the lowest since April 2020, amid a surge in imports, while the country's inflation…
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U.S. aluminium, steel prices jump, shares drop on Trump’s new tariffs
U.S. prices of steel and aluminium spiked on Monday while shares of foreign steelmakers slumped after U.S. President Donald Trump said he would double tariffs…
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EU says it will make strong case for US tariff cuts this week
The European Commission said on Monday it would make a strong case this week for the United States to reduce or eliminate tariffs even after…
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Japan PM Ishiba mulls Trump trade meeting before G7, says Yomiuri newspaper
Japanese Prime Minister Shigeru Ishiba is considering visiting Washington to meet President Donald Trump before a mid-month summit of the Group of Seven nations as…
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Lutnick downplays impact of tariff court ruling on US, EU talks
Commerce Secretary Howard Lutnick downplayed the impact of legal uncertainty around U.S. tariffs on negotiations with the European Union during an interview on Sunday, saying…
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Asia’s factory activity shrinks in May as US tariffs bite
Asia's factory activity shrank in May as soft demand in China and the impact of U.S. tariffs took a heavy toll on companies, private surveys…
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Australia’s BlueScope surges on Trump’s plan to double tariffs on steel imports
Shares of Australian steel producer BlueScope Steel jumped on Monday to a more than three-month high after President Donald Trump said he planned to double…
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South Korea to minimise impact of 50% tariff on steel products, ministry says
South Korea's Industry Ministry said on Monday it will respond to the looming 50% U.S. tariff on steel products as part of its trade discussions…
Japan Q1 capital spending hits record but some export sectors weak
Investment by Japanese companies in plants and equipment surged to a record in the first quarter led by industries focused on domestic demand, but key…
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Trump’s tariffs to remain in effect after appeals court grants stay
A federal appeals court on Thursday reinstated the most sweeping of President Donald Trump's tariffs, a day after a trade court had ruled Trump had…