Trump tariffs: U.S. imposes 10–12.5% duties on dozens of trading partners including Japan and China U.S. unveils ‘Trump tariffs’ on July 24, 2026—12.5% levies on Japan and China, 10% on …
tariffs
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Business
Trump tariffs force Asian importers to frontload orders before expiry
by Sato Asahiby Sato AsahiTrump tariffs set to expire on July 24, 2026, prompting U.S. plans for new targeted levies U.S. temporary 10% global tariff expires July 24, 2026, spurring new proposals to replace …
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Business
Spot freight rates surge for China-US container ships as retailers rush before tariffs
by Sato Asahiby Sato AsahiChina-U.S. container freight rates surge to near two-year high as retailers rush to beat potential tariff hike China-U.S. container freight rates hit a near two-year high as retailers rush holiday …
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India textile exports surge as UK and EU trade deals remove tariffs
by Sato Asahiby Sato AsahiIndia textile exports rebound as UK and EU trade deals lift orders India textile exports gain momentum after the U.K. and EU trade agreements removed duties of up to 12%, …
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Chinese steel exports flood Southeast Asia amid Iran war and Western tariffs
by Sato Asahiby Sato AsahiChinese steel exports driving supply glut in Southeast Asia, World Steel Association warns World Steel Association warns Chinese steel exports driving a supply glut in Southeast Asia amid rising local …
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Business
Lotus considers US manufacturing for plug-in hybrid SUV after tariffs dent sales
by Sato Asahiby Sato AsahiLotus Eyes U.S. Production for New Plug-in Hybrid SUV after Tariff Shock Geely-backed Lotus is weighing U.S. assembly for its new plug-in hybrid SUV as tariffs and soft demand cut …
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Australian beef exporters redirect shipments after China imposes tariffs and quotas
by Sato Asahiby Sato AsahiAustralian beef exports to China hit quota limit as exporters reroute shipments Australia’s beef exports to China are facing fresh constraints as Beijing’s tariff-quota measures and slower demand force exporters …
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U.S. proposes up to 12.5% tariffs on dozens of Asian economies over forced labor
by Sato Asahiby Sato AsahiTrump tariffs: USTR recommends up to 12.5% duties on imports from 60 economies USTR proposes tariffs up to 12.5% on imports from 60 economies, including Japan, South Korea and India, …
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Business
India gold loans gain appeal as tariffs push domestic gold prices higher
by Sato Asahiby Sato AsahiGold-backed loans in India surge as import duty hike lifts domestic gold prices India’s sharp increase in gold import duties on May 13 has pushed domestic bullion prices higher, making …
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Business
European Union imposes higher steel tariffs and targets Chinese turbine and railmakers
by Sato Asahiby Sato AsahiEU Raises Steel Tariffs on Chinese Imports as Probes Target Goldwind and CRRC European Union tightens steel import rules and doubles duties above new quotas while opening in-depth foreign-subsidy investigations …