3 d. ago Why Trump’s US sovereign wealth fund brings high stakes and serious risks

The US Supreme Court lawsuit challenging President Donald Trump’s tariff war and the recent budget fight on Capitol Hill might have dragged down – if not sunk – one of Washington’s proposed tools to spearhead its strategic competition with China. Ten months after Trump’s executive order authorising the creation of the nation’s first-ever sovereign wealth fund (SWF), there are still few clues about how it can be funded, structured and managed, leaving a giant question mark on whether it could run...

Politics

3 d. ago Trump wants a sovereign wealth fund to compete with China. Big questions remain

The US Supreme Court lawsuit challenging President Donald Trump’s tariff war and the recent budget fight on Capitol Hill might have dragged down – if not sunk – one of Washington’s proposed tools to spearhead its strategic competition with China. Ten months after Trump’s executive order authorising the creation of the nation’s first-ever sovereign wealth fund (SWF), there are still few clues about how it can be funded, structured and managed, leaving a giant question mark on whether it could run...

Politics

7 d. ago Trump tariffs live updates: US may cut income tax due to tariff revenue; Trump says Xi agreed to expand farm buys

Trump tariffs live updates: US may cut income tax due to tariff revenue; Trump says Xi agreed to expand farm buys  Yahoo Finance

Economics

8 d. ago Swiss probe Rolex gifts to Trump over bribery concerns after tariff deal

Two Swiss lawmakers have asked prosecutors to examine whether gifts reportedly given to US President Donald Trump – including a Rolex watch and a gold bar - by Swiss business leaders may have violated Switzerland’s anti-bribery laws. Switzerland this month struck a framework agreement with the US to cut a 39 per cent tariff on Swiss goods to 15 per cent. The deal came 10 days after a delegation of Swiss business leaders visited Trump in the Oval Office, bearing the gifts, according to Swiss...

Politics

1 week ago Trump tariffs live updates: EU says no tariff deal expected during US officials’ first visit; White House preps backup tariff plans

Trump tariffs live updates: EU says no tariff deal expected during US officials’ first visit; White House preps backup tariff plans  Yahoo Finance

Politics

1 week ago Real possibility of US tariff refunds is sure to stir up a giant ‘mess’

Marilyn-Joy Cerny has challenged the US government thousands of times during her 35-year career as a trade lawyer, enjoying an enviable record of recovering tariff money for importers whom Washington wrongfully charged. But the sheer scale of potential refunds – known technically as protests – should the Supreme Court rule against US President Donald Trump’s tariff policies in the coming weeks, potentially amounting to US$100 billion or more, has given even her pause. “I have filed so many...

Politics

2 w. ago Trump insists Modi called him to end war after tariff threat as US panel says China leveraged conflict to

Trump insists Modi called him to end war after tariff threat as US panel says China leveraged conflict to  Times of India

Events

2 w. ago China’s soybean revolution: how it reshaped trade and tested food security

Soybeans are more than just a crop – they have become a litmus test of Beijing’s evolving food security strategy and sit at the heart of the US-China trade war. As a crucial source of animal feed and cooking oil, soybeans have remained a flashpoint throughout the ebbs and flows of the two nations’ trade disputes, from the tariff war during US President Donald Trump’s first term to the current one. Less well known is China’s transformation from soybean exporter to the world’s leading importer....

Events

2 w. ago ‘Impossible to achieve’: why China can’t grow enough soybeans to feed itself

Soybeans are more than just a crop – they have become a litmus test of Beijing’s evolving food security strategy and sit at the heart of the US-China trade war. As a crucial source of animal feed and cooking oil, soybeans have remained a flashpoint throughout the ebbs and flows of the two nations’ trade disputes, from the tariff war during US President Donald Trump’s first term to the current one. Less well known is China’s transformation from soybean exporter to the world’s leading importer....

Politics

2 w. ago Exclusive: Trump's semiconductor tariff plan likely delayed, officials say

Exclusive: Trump's semiconductor tariff plan likely delayed, officials say  Reuters

Politics

2 w. ago Trump’s tariff war is leaving Ohio farmers in the red and China in driver's seat| Opinion

Trump’s tariff war is leaving Ohio farmers in the red and China in driver's seat| Opinion  The Columbus Dispatch

Politics

2 w. ago Why Trump won’t let Thailand keep tariff, border talks separate

Thailand’s insistence trade negotiations with the US can proceed separately from talks over a fractious border dispute with Cambodia has been met with deep scepticism given Washington’s increasing use of economic policy as a political instrument and US President Donald Trump’s personal stake in the ceasefire deal. Bangkok announced on Saturday that tariff talks with the United States would “remain separate from border issues”, a pledge government spokesman Siripong Angkasakulkiat said followed...

Politics

3 w. ago China's economy in crisis? Tariff war with Trump leaves export

China's economy in crisis? Tariff war with Trump leaves export-driven Beijing with bruises as Xi Jinping’s  The Economic Times

Events

3 w. ago Malaysian economy’s hot run continues despite Trump’s tariff squeeze

Malaysia predicts growth this year is likely to approach 4.8 per cent after a resurgent exports sector defied the impact of US tariffs in the third quarter. The nation’s growth rate in 2025 is set to be “closer to” the upper range of the official forecast of 4 per cent to 4.8 per cent, and may even exceed it, Bank Negara Malaysia Governor Abdul Rasheed Ghaffour said at a briefing in Kuala Lumpur on Friday. An expansion in household spending and sustained investment activity will drive the...

Politics

3 w. ago China drops retaliatory port fees on US ships as Trump lowers tariff

China drops retaliatory port fees on US ships as Trump lowers tariff  MSN

Politics

3 w. ago Trump tariffs live updates: Trump floats $2,000 tariff 'dividend' checks with SCOTUS fate in limbo

Trump tariffs live updates: Trump floats $2,000 tariff 'dividend' checks with SCOTUS fate in limbo  Yahoo Finance

Politics

3 w. ago Why Vietnam’s property sector has weathered Trump’s tariff typhoon well

In an interview with Fox News in April, Peter Navarro, US President Donald Trump’s senior counsellor for trade and manufacturing, described Vietnam as “essentially a colony of communist China”. For someone who believes trade negotiations with Beijing are pointless, such extremist views are unsurprising. Yet the fact that Navarro, the chief architect of Trump’s trade wars, has it in for Vietnam attests to both the vulnerability and the strength of the country’s manufacturing sector. Among the...

Politics

3 w. ago Why Maersk’s US$119 million Malaysian hub signals new battleground in tariff war

Next to a bustling expressway funnelling Malaysia’s exports to the world, Danish shipping giant Maersk has placed a US$118 million bet that Southeast Asia will not only withstand the new tariff era, but find a way to prosper. Maersk’s largest Asia-Pacific distribution centre opened in Shah Alam, Selangor state, on Wednesday. Seven years in the planning, it was conceived well before Donald Trump’s tariff-wielding return to the White House disrupted supply chains and slashed corporate margins. But...

Economics

3 w. ago Trump’s tariff tantrum vs Xi’s jets & drones tsunami: China's new

Trump’s tariff tantrum vs Xi’s jets & drones tsunami: China's new-age arsenal leaves US scrambling | Videos  Hindustan Times

Politics

3 w. ago ‘He’s a friend of mine’: Trump says he will visit India despite tariff tiff

US President Donald Trump has said he will visit India at the urging of Prime Minister Narendra Modi, the latest sign of a possible thaw in a trade dispute that has soured the two countries’ relationship. “He’s a friend of mine, and we speak, and he wants me to go there, and we’ll figure that out, I’ll go,” Trump told reporters on Thursday, calling Modi a “great man”. Trump said the visit “could be” next year but otherwise declined to provide a timeline for a trip. “I do not have anything on...

Politics