Osamu Inoue, president of Sumitomo Electric, which makes parts for Volkswagen, Toyota and Stellantis, among others, said Trump’s threatened 25 per cent tariffs on Mexican goods would do more harm to US suppliers, which account for almost a third of car parts investment in Mexico.
Investors scaled back bearish bets on most Asian currencies after U.S. President Donald Trump's inaugural policies suggested he would negotiate rather than immediately impose hefty tariffs on trading partners,
Southeast Asia faces a critical turning point as Donald Trump’s tariffs threaten to reshape the region’s role in global supply chains.
The new US president is delivering a virtual address, one of the first major speeches of his presidency, at the World Economic Forum in Davos.
From pushing back on the shift to electric vehicles to imposing additional tariffs on U.S. trade partners, here are some of the plans Trump outlined that are likely to affect Asia most:
Overall, Trump’s second-term foreign policy, defense, and economic appointments suggest that security issues will dominate in Asia, despite his grumbling about trade imbalances. In addition, they suggest that his second administration will be even tougher toward China than his first, or than the Biden administration.
Special, virtual guests took centerstage at the Commander-in-Chief Ball, one of several held to mark President Donald Trump’s inauguration Monday in Washington.
Senior representatives of the world’s second and third largest economies are attending Monday’s presidential inauguration of Donald Trump, reflecting the importance China and Japan place on good relations with the world’s biggest economy.
U.S. President Donald Trump has signed a blizzard of executive orders and taken other actions since being sworn in on Monday on scores of issues that could have an impact on the lives of millions of Americans and non-citizens.
Nvidia CEO Jensen Huang Huang said he will be celebrating Lunar New Year with employees.
Investors scaled back bearish bets on most Asian currencies after U.S. President Donald Trump's inaugural policies suggested he would negotiate rather than immediately impose hefty tariffs on trading partners,