Showing 1 - 10 of 196
Biden missed chance to help US and himself
Oped, Published on 29/11/2023
» At their recent summit in San Francisco, US President Joe Biden and Chinese President Xi Jinping agreed on a few important issues.
Biden has done very little for the US economy
Oped, Published on 25/08/2023
» To the dismay of many economists, US President Joe Biden's administration has retained most of its predecessor's tariffs and trade barriers. In fact, contrary to most analysts' expectations, the United States has imposed additional protectionist measures, such as Mr Biden's "buy American" policies, resulting in higher costs for American consumers and taxpayers.
Floating trade views amid balloon snafu
Business, Published on 15/02/2023
» Geopolitical tensions are expected to ratchet up after American jets downed four flying objects in the past 10 days, including a suspected Chinese spy balloon off the Carolina coast on Feb 4.
US announces deal with UK to end steel, aluminum tariffs
AFP, Published on 23/03/2022
» WASHINGTON: The United States on Tuesday announced an agreement with Britain to end tariffs on steel and aluminum imports imposed by former president Donald Trump.
WTO: China can slap duties on $645m of US imports
AFP, Published on 27/01/2022
» GENEVA: The World Trade Organization on Wednesday handed a fresh victory to China, permitting it to slap duties on $645 million worth of US imports per year, in a long-running anti-dumping dispute with Washington.
Who is winning the trade war?
Oped, Published on 25/01/2022
» The United States-China trade war started in 2018 and has never officially ended. So, which side has been "winning" it? Recent research offers an unambiguous answer: neither. US tariffs on Chinese goods led to higher import prices in the US in the affected product categories, and China's retaliatory tariffs on US goods ended up hurting Chinese importers. Bilateral trade between the two countries has tanked. And because the US and China are the world's two largest economies, many regard this development as a harbinger of the end of globalisation.
Minister allays car exporters' concerns
Business, Phusadee Arunmas, Published on 23/11/2021
» Commerce Minister Jurin Laksanawisit on Monday quelled lingering concerns of car exporters about the possible retaliatory move by the Philippines in the long-running cigarette tax dispute between the two countries.
US, Japan launch talks to resolve steel, aluminum tariffs: official
AFP, Published on 13/11/2021
» WASHINGTON: The United States said Friday it had opened talks with Japan aimed at reducing US tariffs on steel and aluminum imports imposed under former president Donald Trump, after Washington reached a deal on the same issue with the European Union.
US, EU embrace trade deal as marking 'new era' in relations
AFP, Published on 31/10/2021
» WASHINGTON - US President Joe Biden and European Commission head Ursula von der Leyen on Sunday saluted what they called a "new era" in the transatlantic relationship with an agreement reached in Rome to lift steel and aluminum tariffs.
US, EU agree to lift punitive tariffs
AFP, Published on 31/10/2021
» WASHINGTON: The United States and the EU agreed Saturday to lift punitive tariffs on imported European steel and aluminum, ending a dispute that strained their trade ties since then-president Donald Trump imposed the levies three years ago.