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President Trump on Wednesday said he would be sending letters to over 150 countries as he plans a barrage of duties to take ...
China is increasingly worried about US efforts to forge agreements with allies, potentially isolating Chinese firms from ...
New Delhi: The imposition of higher reciprocal tariffs by US President Donald Trump on several Asian and European countries, including China, Vietnam, Taiwan, Thailand, and Bangladesh, presents a ...
US officials are deep in talks with major trading partners in Asia and Europe, pushing for new agreements that would include ...
China will be charged a 34% tariff, the chart said, the European Union will get a 20% levy, Vietnam will get 46%, Taiwan will get 32%, India will get 26% and Japan 24%. More tar Explore Our Brands ...
For Vietnam, with total exposure to US imports of 12% of GDP, a 46% tariff rate -- ceteris paribus and assuming demand elasticity of 1 -- would put 5.5% of Vietnam’s GDP at risk.
Vietnam, which after China has the largest trade deficit with the US, faces a 46% tariff. Cambodia got hit with a 49% tax, while Sri Lanka got 44% and Bangladesh got 37%.
Meanwhile, exports to Thailand grew by 20.9 per cent, and Indonesia took 16.8 per cent more shipments from China. The global increase in Chinese exports was 6 per cent.
Chinese outdoor furniture maker Jin Chaofeng set up a factory in Vietnam last July to escape higher U.S. tariffs. Now he is looking to close it, as Washington imposes steep levies on Hanoi and the ...
China is also looking for inroads in Europe amid the tariff tumult. Xi hosted Spanish Prime Minister Pedro Sanchez in Beijing on April 11, where he said China and the European Union should ...
India will impose tariffs of between 12% and 30% on some steel products imported from China and Vietnam in a bid to safeguard and boost local industry, an Indian finance ministry order showed.