Malaysia-US Trade Agreement to Take Effect Only After Ratification Notices Are Exchanged, Says MITI KUALA LUMPUR: The Reciprocal Trade Agreement between Malaysia and the United States will only come into force after both countries complete the formal exchange of ratification notices, according to the Ministry of Investment, Trade and Industry Malaysia (MITI). The ministry said the exchange of written notifications is required to confirm that all internal ratification procedures …

Malaysia-US Trade Agreement to Take Effect Only After Ratification Notices Are Exchanged, Says MITI #Malaysia #USTrade #TradeAgreement #EconomicRelations #MITI

JUST IN: 🇬🇧🇨🇳 New UK Prime Minister Keir Starmer advocates for strengthening diplomatic and economic ties with China.

#UK #China #Starmer #Diplomacy #ForeignPolicy #Geopolitics #Trade #EconomicRelations #BRICS #WorldNews #InternationalRelations

🇫🇷 France issues major warning to the United States, stating that any seizure of Greenland would "fundamentally jeopardize" bilateral economic relations.

#Geopolitics #France #USA #Greenland #Arctic #Diplomacy #EconomicRelations #Sovereignty #InternationalNews

Iraq rejects Trump 25% tariff threat on countries trading with Iran Iraq rejects Donald Trump's 25% tariff threat on countries trading with Iran, with analysts calling the measure a violation of sovereignty as Baghdad defends right to maintain regional commercial ties.

Iraq rejects Donald Trump's 25% tariff threat on countries trading with Iran, with analysts calling the measure a violation of sovereignty as Baghdad defends right to maintain regional commercial ties. Bne IntelliNews #Iraq #TrumpTariff #IranTrade #Sovereignty #EconomicRelations

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The Lebanese-Kuwaiti Business Council, led by Asaad Saqel, met with ex-Minister Mohammad Chuqair to enhance economic ties through cooperation and sustainable progress, emphasizing the strong historical bonds between the nations. #Lebanon #Kuwait #EconomicRelations

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Lebanese PM Nawaf Salam met with a Saudi delegation to discuss resuming exports to Saudi Arabia, emphasizing cooperation for economic stability. He affirmed Lebanon's commitment to avoid destabilizing actions and welcomed Saudi support.

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Ontario Premier Doug Ford doubled down on the Reagan ad, stressing US-Canada friendship & shared prosperity. 🤝 Despite the rift, Ottawa emphasizes constructive dialogue is key to resolving trade disputes. #Diplomacy #EconomicRelations

4/5 Despite past rhetoric, Takaichi toned down anti-China talk during her campaign 🤔 Experts say she faces pressure to manage relations w/ 🇨🇳 well, given economic realities 💰 #Diplomacy #EconomicRelations #China

4/6 Despite past rhetoric, Takaichi toned down anti-China talk during her campaign 🤔 Experts say she faces pressure to manage relations w/ 🇨🇳 well, given economic realities 💰 #Diplomacy #EconomicRelations #China

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Former Minister Mohammad Choucair announced that Saudi Arabia will reconstitute the Saudi-Lebanese Business Council, aiming to strengthen economic ties and foster collaboration between the two nations. This marks a new phase in bilateral relations.

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China’s trade envoy meets US officials to discuss economic ties BEIJING (Reuters) -China’s trade representative Li Chenggang visited the United States from August 27-29, holding discussions with U.S. officials on bilateral economic and trade relations, the Chinese commerce ministry said on Saturday. Li said both sides should manage differences and expand cooperation through equal dialogue and consultation. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. The best opportunities often hide in plain sight—buried among thousands of stocks you'd never have time to research individually. That's why smart investors use our Stock Screener with 50+ predefined screens and 160+ customizable filters to surface hidden gems instantly. For example, the Piotroski's Picks method averages 23% annual returns by focusing on financial strength, and you can get it as a standalone screen. Momentum Masters catches stocks gaining serious traction, while Blue-Chip Bargains finds undervalued giants. With screens for dividends, growth, value, and more, you'll discover opportunities others miss. Our current favorite screen is Under $10/share, which is great for discovering stocks trading under $10 with recent price momentum showing some very impressive returns! Roshan Dsouza

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Akazawa, said trade agreement between the US & Japan is not a legally binding commitment Japan’s chief trade negotiator, Ryosei Akazawa, said the recently announced trade agreement between the United States and Japan is not a legally binding commitment, casting doubt on the scope and enforceability of the deal. In remarks that could cool optimism around the agreement, Akazawa urged caution, stating that not all comments from U.S. officials about the talks should be taken at face value. The comments suggest lingering uncertainty over the specifics of the deal and underline the potential gap between political announcements and formal trade commitments. The clarification comes as both countries seek to stabilise economic ties amid broader shifts in global trade dynamics. However, Akazawa’s comments hint at ongoing negotiation hurdles and highlight Japan’s intent to manage expectations as the talks progress. This article was written by Eamonn Sheridan at investinglive.com.

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India engaged with U.S. in more trade talks, Indian government source says NEW DELHI (Reuters) -India is engaged in trade talks with the United States after Washington imposed a 25% tariff on New Delhi, a move that could impact about $40 billion worth of the South Asian country’s exports, an Indian government source with knowledge of the trade discussions told Reuters on Friday. A delegation from the U.S. is expected to visit New Delhi later this month, the source added. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.

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Trump’s tariff blow jolts Indian economy, strains bilateral ties 25% US import duty and penalties over Russia ties hit Indian exports, spark GDP fears, and raise questions over Modi's foreign policy strategy.

Trump’s tariff blow jolts Indian economy, strains bilateral ties

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US, China to launch new talks on tariff truce extension, easing path for Trump-Xi meeting By David Lawder STOCKHOLM (Reuters) -Top U.S. and Chinese economic officials will resume talks in Stockholm on Monday to try to tackle longstanding economic disputes at the centre of a trade war between the world’s top two economies, aiming to extend a truce by three months and keeping sharply higher tariffs at bay. China is facing an August 12 deadline to reach a durable tariff agreement with President Donald Trump’s administration, after Beijing and Washington reached preliminary deals in May and June to end weeks of escalating tit-for-tat tariffs and a cut-off of rare earth minerals. Without an agreement, global supply chains could face renewed turmoil from U.S. duties snapping back to triple-digit levels that would amount to a bilateral trade embargo. The Stockholm talks come hot on the heels of Trump’s biggest trade deal yet with the European Union on Sunday for a 15% tariff on most EU goods exports to the U.S., including autos. The bloc will also buy $750 billion worth of American energy and make $600 billion worth of U.S. investments in coming years. No similar breakthrough is expected in the U.S.-China talks but trade analysts said that another 90-day extension of a tariff and export control truce struck in mid-May was likely. An extension of that length would prevent further escalation and facilitate planning for a potential meeting between Trump and Chinese President Xi Jinping in late October or early November. A U.S. Treasury spokesperson declined comment on a South China Morning Post report quoting unnamed sources as saying the two sides would refrain from introducing new tariffs or other steps that could escalate the trade war for another 90 days. Trump’s administration is poised to impose new sectoral tariffs that will impact China within weeks, including on semiconductors, pharmaceuticals, ship-to-shore cranes and other products. "We’re very close to a deal with China. We really sort of made a deal with China, but we’ll see how that goes," Trump told reporters on Sunday before European Commission President Ursula von der Leyen struck their tariff deal. DEEPER ISSUES Previous U.S.-China trade talks in Geneva and London in May and June focused on bringing U.S. and Chinese retaliatory tariffs down from triple-digit levels and restoring the flow of rare earth minerals halted by China and Nvidia (NASDAQ:NVDA)’s H20 AI chips and other goods halted by the United States. So far, the talks have not delved into broader economic issues. They include U.S. complaints that China’s state-led, export-driven model is flooding world markets with cheap goods, and Beijing’s complaints that U.S. national security export controls on tech goods seek to stunt Chinese growth. "Geneva and London were really just about trying to get the relationship back on track so that they could, at some point, actually negotiate about the issues which animate the disagreement between the countries in the first place," said Scott Kennedy, a China economics expert at the Center for Strategic and International Studies in Washington. "I’d be surprised if there is an early harvest on some of these things but an extension of the ceasefire for another 90 days seems to be the most likely outcome," Kennedy said. U.S. Treasury Secretary Scott Bessent has already flagged a deadline extension and has said he wants China to rebalance its economy away from exports to more domestic consumption -- a decades-long goal for U.S. policymakers. Analysts say the U.S.-China negotiations are far more complex than those with other Asian countries and will require more time. China’s grip on the global market for rare earth minerals and magnets, used in everything from military hardware to car windshield wiper motors, has proved to be an effective leverage point on U.S. industries. TRUMP-XI MEETING? In the background of the talks is speculation about a possible meeting between Trump and Xi in late October. Trump has said he will decide soon on a landmark trip to China, and a new flare-up of tariffs and export controls would likely derail planning. Sun Chenghao, a fellow at Tsinghua University’s Center for International Security and Strategy in Beijing, said that a Trump-Xi summit would be an opportunity for the U.S. to lower the 20% tariffs on Chinese goods related to fentanyl. In exchange, he said the Chinese side could make good on its 2020 pledge to increase purchases of U.S. farm products and other goods. "The future prospect of the heads of state summit is very beneficial to the negotiations because everyone wants to reach an agreement or pave the way in advance," Sun said. Still, China will likely request a reduction of multi-layered U.S. tariffs totaling 55% on most goods and further easing of U.S. high-tech export controls, analysts said. Beijing has argued that such purchases would help reduce the U.S. trade deficit with China, which reached $295.5 billion in 2024.

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US and China to extend tariff pause by another 90 days - report China and the US are expected to extend their tariff truce by another three months at trade talks that begin on Monday in Stockholm, according to the South China Morning Post, citing people familiar. The suspension was set to expire on August 12.During the third round of trade negotiations between the world’s two biggest economies, both will expound their views on major sticking points – such as the US’ concerns over China’s industrial overcapacity – rather than achieve specific breakthroughs, the sources said. In the upcoming meeting the Chinese delegation will also press Trump’s trade team on fentanyl-related tariffs, the report says, including clarity on thresholds the US side is trying to achieve. This article was written by Adam Button at investinglive.com.

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President Joseph Aoun met with Asaad Sakkal of the Lebanese-Kuwaiti Business Council to discuss strengthening economic ties between Lebanon and Kuwait, focusing on trade, tourism, and investment, while appreciating Kuwait's ongoing support.

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EU, South Korea seek US trade deals to soften tariff blow By Philip Blenkinsop and Hyunjoo Jin BRUSSELS/SEOUL (Reuters) -The European Union and South Korea said on Monday they were working on trade deals with U.S. President Donald Trump that would soften the blow from looming tariffs as Washington threatens to impose hefty duties from August 1. Trump stepped up his trade war on Saturday, saying he would impose a 30% tariff on most imports from the EU and Mexico from next month, adding to similar warnings for other countries including Asian economic powerhouses Japan and South Korea. White House Economic Adviser Kevin Hassett said on Sunday that countries’ trade deal offers so far have not satisfied Trump and "the tariffs are real" without improvements to their proposals. "The president thinks that deals need to be better," Hassett told ABC’s This Week program. "And to basically put a line in the sand, he sent these letters out to folks, and we’ll see how it works out." European Trade Commissioner Maros Sefcovic expressed optimism that Washington and the EU were approaching a positive outcome for both sides. He warned, however, that a 30% tariff would practically eliminate trade between the U.S. and the 27-nation bloc, which are currently each other’s largest trading partners. "We continue to engage with the U.S. administration and prioritise a negotiated solution by the new deadline of August 1. I cannot imagine walking away without any effort," Sefcovic said ahead a meeting with EU trade ministers in Brussels. German Chancellor Friedrich Merz, meanwhile, issued a stark warning on Sunday regarding the impact of a tariff at that level on the EU’s largest economy. "If that were to happen, we would have to postpone large parts of our economic policy efforts, because it would interfere with everything and hit the German export industry to the core," Merz said. The EU has so far held off on retaliatory measures to avoid a spiralling tit-for-tat escalation in the trade war while there remains a chance of negotiating an improved outcome. But Italy’s Foreign Minister Antonio Tajani said the EU has already prepared a list of tariffs worth 21 billion euros ($24.5 billion) on U.S. goods if the two sides fail to reach a trade deal. MARKETS’ MUTED REACTION Since returning to the White House earlier this year, Trump has sought to use an array of tariffs to boost the U.S. economy, push companies to invest in the United States, and revitalise sectors including manufacturing. His initial "Liberation Day" tariff announcement in April, which set a baseline tariff of 10% on all imports and higher duties on certain products or countries, raised fears of global supply chain disruptions, sending shockwaves through markets. But subsequent U-turns and delays, including a 90-day pause on most duties aimed at allowing time for trade deal negotiations, have left investors largely inured to Trump’s chaotic policy roll-outs. Stocks eased moderately on Monday, while the dollar gained little on the euro. The impact on European spirits companies, many of which rely heavily on the U.S. market, was also mixed. Shares in Diageo (LON:DGE), whose U.S. business is driven by sales of Canadian whisky and Mexican tequila, rose 1% in early European trade. Rival Pernod Ricard (EPA:PERP), maker of Jameson Irish whiskey, saw its shares fall 1%, while cognac maker Remy Cointreau (EPA:RCOP) dropped 2.4% SCRAMBLE FOR DEALS The looming August 1 deadline has set off a scramble by governments around the world to seal trade agreements. South Korea’s top trade envoy said on Monday it may be possible to strike an "in-principle" deal by the deadline and signalled that Seoul may be open to allowing the U.S. greater access to its agriculture markets, local media reported. Minister for Trade Yeo Han-koo, who held high-level talks with U.S. officials last week, said South Korea was seeking to avoid "unfair" U.S. tariffs on sectors key to its industrial prowess that would undermine industrial cooperation with its main security ally and trading partner, media reports said. "I believe it’s possible to reach an agreement in principle in the U.S. tariff negotiations, and then take some time to negotiate further," the Newsis news agency quoted Yeo as telling local media reporters. South Korea is in a race to reach a compromise trade pact in the hope of avoiding a 25% tariff slapped on its exports, the same level faced by Japan.

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Trump's 25% import tax on Japan and South Korea marks a shift in U.S. trade policy, raising concerns about retaliatory measures and possible economic downturns, while experts doubt its effectiveness and warn of strained alliances.

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Japan and US explored possibility of trade deal, Japan trade negotiator says (Reuters) -Japan and the U.S. on Friday explored the possibility of a trade agreement, Japan’s top tariff negotiator, Ryosei Akazawa, told a briefing, while refraining from commenting how close they are to reaching a deal. "We had a very detailed exchange and explored the possibility of a trade agreement," Akazawa told reporters after he met with U.S. Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick separately in Washington in a sixth round of tariff negotiations. It is likely to be the last round before Prime Minister Shigeru Ishiba and U.S. President Donald Trump are to meet in Canada on the sidelines of the Group of Seven leaders’ summit, where Japan has been hoping to clinch a deal. Akazawa refrained from commenting on whether the talks have matured enough to reach an agreement, saying a deal is possible only when the leaders of both countries approve everything as a package. Japan faces a 24% tariff rate starting in July unless it can negotiate a deal with the U.S. It is also scrambling to find ways to get Washington to exempt its automakers from 25% tariffs on automobiles, Japan’s biggest industry.

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China calls for building up consensus with US after ’candid’ trade talks BEIJING (Reuters) -China’s Vice Premier He Lifeng said China and the United States should strengthen consensus and maintain communication, state news agency Xinhua reported on Wednesday, after the two countries agreed to get a delicate trade truce back on track. U.S. and Chinese officials, including He, concluded two days of negotiations in London on Tuesday to resolve key trade issues in the two superpowers’ bruising tariff war, including on a raft of export control measures that have hobbled global supply chain. The two sides should use their consultation mechanism to further "build up consensus, reduce misunderstandings and strengthen cooperation", He was quoted as saying by Xinhua, describing the talks as candid and in-depth. China and the U.S. should safeguard the hard-won outcome from their dialogue, and push for stable and long-term bilateral trade and economic ties, He said. China’s stance on trade issues with the U.S. was clear and consistent, He said, reiterating that China was sincere in trade and economic consultations but had its principles. Beijing and Washington have, after striking a 90-day truce in Geneva last month, suspended most of the triple-digit tariffs they had heaped on each other’s goods. But bilateral ties remain strained over unresolved trade issues such as China’s rare earth export controls and U.S. curbs on chip-related exports. The London talks took place after a rare phone call between Chinese President Xi Jinping and U.S. President Donald Trump on Thursday. U.S. Commerce Secretary Howard Lutnick, who represented the U.S. in London, said the new agreement would remove restrictions on Chinese exports of rare earth minerals and magnets and some of the recent U.S. export restrictions "in a balanced way", without providing further details. The two negotiating teams would present the framework to their respective presidents for approval, Lutnick said.

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China says US has ‘severely violated’ tariffs truce China says the US has “severely violated” their trade truce and that it will take strong measures to defend its interests. China’s Ministry of Commerce said Washington has “seriously undermined” the agreement reached during talks in Geneva last month, when both countries lowered tariffs on goods imported from each other. The spokesperson added that US actions have also severely violated the consensus reached during a phone call in January between China’s leader Xi Jinping and President Donald Trump. The comments come after Trump on Friday that China had “totally violated its agreement with us”. The US President did not give details but Trade Representative Jamieson Greer later said China had not been removing non-tariff barriers as agreed under the deal. Under the trade truce struck in May at a meeting in Geneva, the US lowered tariffs imposed on goods from China from 145% to 30%. China’s retaliatory tariffs on US goods dropped from 125% to 10%. On Monday, Beijing said US violations of the agreement included stopping sales of computer chip design software to Chinese companies, warning against using chips made by Chinese tech giant Huawei, and cancelling visas for Chinese students. The deal reached in Geneva came as a surprise to many analysts as it seemed that the two sides were incredibly far apart on many trade issues. This showed that during face-to-face talks Washington and Beijing can reach agreements. But as the rhetoric is once again ratcheting up, the fragility of the current truce has been highlighted and gives an indication of just how challenging it may be to reach a longer-term trade deal. Although the fresh accusations may suggest that talks between Washington and Beijing are not going well, two top White House officials suggested on Sunday that Trump and Xi could hold talks soon. Treasury Secretary Bessent told CBS News, the BBC’s US news partner, that details of the trade will be “ironed out” once Xi and Trump speak, but he did not say exactly when that conversation is expected to happen. National Economic Council Director Kevin Hassett told ABC News that the two leaders are expected to talk this week and “both sides have expressed a willingness to talk”. “The bottom line is that we’ve got to be ready in case things don’t happen the way we want,” Hassett said of the expected talks. But the Chinese side prefers agreements to be done at a lower level first before they reach the desk of the president. Last week, Trump announced the US would double its current tariffs on steel and aluminium from 25% to 50%, starting on Wednesday. Speaking at a rally in Pittsburgh, Pennsylvania on Friday, Trump said the move would help boost the local steel industry and national supply, while reducing reliance on China. – BBC The post China says US has ‘severely violated’ tariffs truce appeared first on The Namibian.

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یورپی یونین کا اسرائیل سے اقتصادی تعلقات کے معاہدے پر نظرثانی کا اعلان

مزید جانیں : pakistanmatters.pk/25752/

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U.S Tarrif hikes will make SINO-NAMIBIA cooperation stronger: Weiping U.S Tarrif hikes will make SINO-NAMIBIA cooperation stronger: Weiping NBC Online Tue, 05/20/2025 - 17:45

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