The United States has struck new trade deals with Japan, Indonesia, and the Philippines, just days before the Trump administration’s self-imposed August 1 tariff deadline.
Trump announced an extension of the deadline for imposing new reciprocal tariffs to August 1, while warning that duties of up to 40% will be levied on selected countries if trade agreements are not reached by then.
U.S. President Donald Trump has issued a stark warning to countries aligning with the BRICS group of emerging economies, vowing to impose an additional 10% tariff on any nation supporting what he described as “anti-American” policies.
The threat, delivered...
Turkish drone manufacturer Baykar has entered into a joint venture agreement with Indonesia’s defense holding company, Republikorp, to establish a drone manufacturing facility in the Southeast Asian country.
Japanese Prime Minister Shigeru Ishiba and Indonesian President Prabowo Subianto committed to strengthening cooperation across defense, energy, and food security during talks on Saturday in Bogor, Indonesia.
The meeting highlighted Japan's growing focus on Southeast Asia amid China's increasing influence...
The introduction of a direct maritime link between Pakistan and Bangladesh has already made waves in regional trade, with more than 1,000 containers shipped since its launch in October 2024