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The warning follows US President Donald Trump’s recent move to notify trade partners of increased tariffs, set to take effect from August 1.
The leaders of Japan and South Korea were the first to get letters on Monday that informed them of the new tariff rates.
Last week, a trade deal was announced between the United States and Vietnam. Under the terms of the deal, as reported by Reason Magazine’s Eric Boehm, “American exports to Vietnam will face no tariffs ...
The president is deploying the word “deal” liberally, using the term to describe all kinds of trade arrangements, some very ...
With just over three weeks until the Aug 1 deadline to negotiate with the United States on reciprocal tariffs, economists say ...
Vietnam remains the region’s largest apparel exporter to the U.S., sending roughly $18.6 billion worth of goods in 2024, ...
Asian economies formed the bulk of the 14 nations that received letters from the US so far, announcing higher tariffs on their goods from Aug 1.
Trump said Aug. 1 is the end date for new trade deal talks before tariff rates climb, adding that a US-India agreement is ...
Nippon Steel has successfully acquired U.S. Steel after an 18-month process, with the deal now including concessions such as a "golden share" for the U.S. government.
While 14 countries that have already received formal letters—and others may soon get them—from President Trump outlining ...
As trade tensions rise and currency markets swing, how are companies around the world coping with the uncertainty?
President Donald Trump intensifies his trade war by imposing higher tariffs on numerous countries. Despite aiming for agreements across the globe, the U.S. has only achieved limited deals with the UK ...