Commodities
As Chinese leader Xi Jinping, Russian President Vladimir Putin, and Indian Prime Minister Narendra Modi were seen chatting and laughing at the second day of the Shanghai Cooperation Organization (SCO) summit in the Chinese port city of Tianjin, many wonders exactly what jokes the three powerful world leaders were sharing. The joke on social […]
... written on Sep 02 2025While Washington and Beijing have reached an agreement to de-escalate trade tensions, temporarily lowering tariffs to 30% on the United States’ side and 10% on China’s part, the tariff war between the world’s two biggest economies isn’t going to disappear anytime soon. At the centre of the problem is President Donald Trump’s inability to accept […]
... written on Aug 26 2025Putin would face a “rough situation” if he did not co-operate in the peace process, while Zelensky had to “show some flexibility”. As for European leaders, they better move towards a deal as they wouldn’t necessarily get similar security guarantees on Ukraine from any future administration. That was roughly what Trump told all the parties involved in the […]
... written on Aug 20 2025Jensen Huang, CEO of chip designer Nvidia, has been working tirelessly for months behind the scenes in both Washington and Beijing for the sake of billions of dollars in future revenue from the ongoing U.S.-China trade war. After all, China is a huge market. Nvidia generated US$17 billion in revenue from China in the fiscal year ending January […]
... written on Aug 13 2025From chocolate to skincare, and from Rolex watches to Nestle Nespresso coffee, American buyers of Swiss products would have to pay more as 39% tariffs announced by President Donald Trump comes into effect on Thursday (August 7). Facing one of the highest U.S. tariff rates in the world, many politicians, analysts and businesses were stunned […]
... written on Aug 07 2025There’s a joke that you don’t need to outrun the bear, you just need to be faster than your friend. In the case of Malaysia, Thailand and Cambodia, they tried to be faster than each other, only for Donald Trump – the bear – rewards all of them with the same19% tariff rate. And they […]
... written on Aug 05 2025President Donald Trump and European Commission President Ursula von der Leyen, who leads the EU’s executive body, announced a preliminary deal on Sunday (July 27) that saw the U.S. imposed tariffs of 15% on most goods entering the U.S. from Europe. In addition, European companies would buy US$750 billion worth of American energy products over three […]
... written on Jul 29 2025Donald Trump said he was “disappointed” in Vladimir Putin, who has kept attacking Ukraine as if the leaders’ telephone conversations “didn’t mean anything.” Trying to hide that he had been fooled by the Russian president, Trump said – “He’s fooled a lot of people. He fooled Bush. He fooled a lot of people. He fooled Clinton, Bush, Obama, Biden. He didn’t […]
... written on Jul 16 2025Marco Rubio’s first visit to Southeast Asia as Secretary of State has given the U.S.’s Asian allies and trading partners a golden opportunity to express their concerns – or rather complaints – about Trump administration’s tariff threats. With only 36 hours to spare, he skipped visits to Japan and South Korea, heading directly to Malaysia […]
... written on Jul 11 2025With merely days before Washington’s reciprocal tariffs come back in full force, global attention turned to Vietnam on Thursday (July 3) after Donald Trump announced a trade deal with Hanoi. Under the agreement, which the U.S. president proudly called the “Great Deal of Cooperation”, the U.S. will charge 20% tariffs on Vietnamese exports to the […]
... written on Jul 04 2025
