ASEAN
Rubio says Trump may attend 47th ASEAN summit
Rubio is in Malaysia and had a meeting with Anwar. Now he says Trump may attend the ASEAN summit
Category: Trade wars
Bilateral Relations
Asean Confident of Finalising South China Sea Code of Conduct Soon
Asean seeks a prompt conclusion of the South China Sea Code of Conduct, emphasizing peace, stability, and trade fairness.
Tariffs
China Warns US Against Reimposing Tariffs
China warned the Trump administration against reinstating tariffs, threatening retaliation and urging dialogue to protect its interests.
Business News
Zafrul: Malaysia to Negotiate with US Before 25% Tariff Takes Effect August 1
Tengku Zafrul says Malaysia has time to negotiate with the US before the unexpected 25% tariff takes effect on August 1. He confirmed ongoing…
Business News
Oil Prices Plunge as Trump Announces Iran-Israel Ceasefire, Easing Supply Fears
Oil prices fell sharply due to a US-announced Iran-Israel ceasefire, easing supply disruption fears.
Business News
Malaysia braces for tough US tariff talks as Trump threatens global “take it or leave it” deal
Malaysia negotiates US tariff cuts as Trump threatens unilateral rates, aiming to protect key exports in June 18 talks.
Business News
Slowest Global Growth in Decades Sparks Economic Concerns
The World Bank’s Global Economic Prospects report indicates that nearly 70% of economies—across all regions and income levels—have seen growth forecasts downgraded.
Business News
Global Trade in Turmoil: How Is Your Business Affected In The Supply Chain Chaos from Asia to America
U.S. tariffs, previously 145%, now 30%, disrupt Chinese manufacturers, risking 16 million jobs. Exports to U.S. fell 64%, pushing firms to Southeast Asia and…
Business News
Global Automakers Now Facing China’s Rare-Earth Magnet Export Curbs
The issue was discussed in recent U.S.-China trade talks, but concerns persist as China's April export curbs, affecting over 90% of global magnet processing
Air Travel
Global Air Travel to Hit Record 4.99 Billion Passengers in 2025 Despite Trade Tensions
The International Air Transport Association (Iata) projects a record 4.99 billion air travelers in 2025, a 4% increase from 2024, though lower than the…
Business News
Warmongering: Hegseth urges Asian states to up defence spending
US Defense Secretary urges Indo-Pacific allies to boost defense spending, citing China threat, at Shangri-La Dialogue.
Business News
Germany’s economy is projected to stagnate in 2025. Blames Trump
Germany's economy to stagnate in 2025 due to Trump's tariffs, impacting exports; Merz's reforms aim for 1% growth in 2026.
Business News
US Intelligence Suggests Israel Prepares for Possible Strike on Iran’s Nuclear Sites
US intelligence suggests Israel may strike Iranian nuclear sites if diplomatic talks fail.
Business News
China imposed anti-dumping duties of up to 74.9% on POM copolymer imports from USA
China imposes up to 74.9% anti-dumping duties on POM copolymers from US, EU, Japan, Taiwan, following 2024 probe.
Business News
US and China Starts Tariffs Pause for 90 Days in Trade War Ceasefire
US and China agree to 90-day tariff suspension, reducing rates to 30% and 10%, easing trade war tensions.
Business News
U.S. Slashes De Minimis Tariff on China Shipments to 54%, Signals Trade War Truce
China’s de minimis exports, valued at $240 billion last year, accounted for 7% of its overseas sales and 1.3% of its GDP, per Nomura…