Showing 1 - 10 of 17
Trump tariffs on timber, furniture take effect
AFP, Published on 14/10/2025
» WASHINGTON - US President Donald Trump's fresh tariffs on imported wood, furniture and kitchen cabinets took effect Tuesday, a development likely to fuel building costs and pile pressure on homebuyers in an already challenging market.
Thai exporters urged to focus on US
Business, Kuakul Mornkum, Published on 11/10/2025
» As new US tariffs are placed on imported lumber furniture, Deesawat Industries Co, a Thai wooden furniture manufacturer, is urging Thai companies not to abandon the US market, but rather enhance their presence there.
Asian shares dip as Wall Street rally stalls
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 27/09/2025
» RECAP: Most Asian markets retreated on Friday amid end-of-quarter repositioning by investors, after concerns about high valuations and mixed signals from US Federal Reserve officials on interest rates stalled a record-breaking rally on Wall Street.
EU gets 15% US tariff for cars, fails to secure wine reprieve
AFP, Published on 21/08/2025
» BRUSSELS (BELGIUM) - Details of a US-EU trade deal published Thursday showed Brussels secured a tariff reduction for cars exported to the United States but failed to win a reprieve for its cherished wine sector.
Trump, EU chief seek deal in transatlantic tariffs standoff
AFP, Published on 27/07/2025
» TURNBERRY (UNITED KINGDOM) - US President Donald Trump and EU chief Ursula von der Leyen prepared to meet Sunday in Scotland in a push to resolve a months-long transatlantic trade standoff that is going down to the wire.
Trump tariffs take effect hiking trade levies to a 100-year high
Bloomberg News, Published on 09/04/2025
» WASHINGTON — United States President Donald Trump’s so-called reciprocal tariffs are now in place, dealing a thunderous blow to the world economy as he pushes forward efforts to drastically reorder global trade.
US no longer the only game in town
Business, Kean Tan, Published on 09/04/2025
» Market developments in the first quarter this year have been quite unexpected, to say the least. At the beginning of the year, we highlighted the universal consensus in support of US exceptionalism. The market viewed the supremacy of US assets as unassailable in the context of an artificial intelligence (AI) future dominated by a few US information technology hyperscalers.
Trump auto tariffs are coming, but not all levies will be imposed April 2, sending stocks higher
Reuters, Published on 25/03/2025
» WASHINGTON - US President Donald Trump said on Monday automobile tariffs are coming soon even as he indicated that not all of his threatened levies would be imposed on April 2 and some countries may get breaks, a move Wall Street took as a sign of flexibility on a matter that has roiled markets for weeks.
Asian stocks slide as market selloff deepens on US growth worries
Reuters, Published on 11/03/2025
» SINGAPORE - Asian stocks took their cue from the Wall Street and fell sharply on Tuesday as worries mounted that a wide-ranging trade war could dent US economic growth and result in a recession, leading skittish investors to the safe-haven Japanese yen.
Trump says Americans may feel 'pain' in trade war
Reuters, Published on 03/02/2025
» WASHINGTON - President Donald Trump said the sweeping tariffs that he has imposed on Mexico, Canada and China may cause "short term" pain for Americans as global stock markets tumbled on concerns the levies will spark an economically damaging trade war.