Trump imposes 50% tariff on copper from Aug 1

WASHINGTON, United States (US): US President, Donald J. Trump, said on Wednesday that the 50 per cent tariff on copper, which he announced earlier this week, will start on August 1, reported Xinhua. “I am announcing a 50 per cent TARIFF on Copper, effective August 1, 2025, after receiving a robust NATIONAL SECURITY ASSESSMENT,” Trump wrote […]
Australia alarmed by US threat of 200% tariffs on pharmaceuticals

CANBERRA: The Australian government is very concerned about US threats to impose increased tariffs on pharmaceutical and copper imports, Treasurer Jim Chalmers said on Wednesday, reported Xinhua. Chalmers told Australian Broadcasting Corporation (ABC) radio that the federal government is urgently seeking clarification from the US after President Donald Trump flagged new tariffs of 200 per […]
China opposes any tariff deal made at its expense

BEIJING, China: China firmly opposes any country making trade deals with the United States (US) at the expense of Chinese interests in exchange for so-called ‘tariff relief’, a spokesperson for the Ministry of Commerce said on Saturday, according to Xinhua. “If such a situation arises, China will not accept it and will take resolute countermeasures […]
US steel tariffs raised from 25% to 50%, says Trump

HAMILTON (Canada): US President Donald Trump announced a major increase on Friday in tariffs on steel and aluminum imports, doubling the rate from 25 per cent to 50 per cent, in what he described as a move to further protect American industry. “Today, I have a major announcement,” Trump said during a rally at a US […]
Sarawak trade resilient despite US tariff moves

SARAWAK is expected to experience minimal direct impact from the United States’ reciprocal tariff despite rising trade tensions and uncertainties, says Deputy Premier Datuk Amar Awang Tengah Ali Hasan. However, he said Sarawak’s trade ties with key Asian partners remains strong, supported by Free Trade Agreements (FTA) to diversify and expand exports. “Malaysia as ASEAN […]
Trump confirms 50% tariffs on EU goods from June 1

WASHINGTON: United States (US) President Donald Trump on Friday said his decision to announce 50 per cent tariffs on European Union (EU) goods from June 1 is not a negotiating tactic, German Press Agency (dpa) reported. “I’m not looking for a deal,” Trump said in Washington. “But again, there is no tariff if they build […]
Sarawak adapts economic strategies amid US tariff impact, says deputy minister

SARAWAK will continue to refine the state’s economic policies by adapting to global trade dynamics, in line with proactive measures introduced by the federal government to address the impact of the United States’ (US) reciprocal tariff. International Trade, Industry and Investment Deputy Minister Datuk Dr Malcolm Mussen Lamoh said while the US-imposed tariff has disrupted […]
Malaysia eyes ‘win-win’ outcome in tariff talks with US

KUALA LUMPUR: The Investment, Trade and Industry Ministry (MITI) will consider introducing a special incentive package for businesses affected by United States (US) tariff after assessing its impact, in addition to evaluating its effect on the country’s fiscal position. Its Minister Tengku Datuk Zafrul Abdul Aziz said the government will focus on reciprocal negotiations with the […]
Trump’s tariff policy and the rise of Chinese technology

By Mohd Ammyrul Ashraf Sairan A comprehensive analysis of the impact on the global economy and the future of Malaysia’s technological landscape AMIDST the escalating turbulence of the global economy, the tariff policies introduced by US President Donald Trump have exerted a profound and lasting impact on the international trade system. These protectionist measures not […]
Vietnamese exporters rush to act as US tariff delay offers 90-day window

HANOI: Vietnamese exporters are stepping up both short- and long-term strategies to mitigate risks from potential United States (US) import tariffs, following Washington’s decision to delay the new duties for 90 days. Industry experts say the delay presents a critical window for businesses to restructure operations and boost competitiveness, Vietnam News Agency (VNA) reported. According […]