Indonesia has officially clarified that it has no intention of charging tolls on vessels passing through the strategically vital Malacca Strait, calming concerns that arose earlier this week. Finance Minister Purbaya Yudhi Sadewa addressed the issue on Friday, reaffirming that the country will not impose any tariffs on ships navigating one of the world’s busiest […]
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In a significant diplomatic and economic development, US President Donald Trump announced that he would instruct relevant agencies to remove Vietnam from the United States’ strategic export control list. The statement followed his first in-person White House meeting with Vietnam’s top leader, To Lam, marking a pivotal moment in US–Vietnam relations. According to Vietnam’s Government […]
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In a significant move toward easing trade tensions, China has officially lifted export restrictions on gallium, germanium, and antimony to the United States, according to a statement released today by Beijing’s Ministry of Commerce. The metals — essential for technologies ranging from smartphones to advanced defense systems — had been restricted under a ban imposed […]
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China’s trade landscape is showing contrasting signals — a sharp decline in exports to the United States but a promising surge in global shipments. According to customs data released Monday, China’s worldwide exports climbed 8.3% year-on-year in September, reaching USD 328.5 billion, surpassing economists’ expectations and marking the strongest performance in six months. This follows […]
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BEIJING, September 8 — China’s export growth slowed significantly in August, marking its weakest pace in six months and falling short of analysts’ expectations. The drop reflects growing challenges for the world’s second-largest economy as it navigates global uncertainty, wavering demand, and ongoing trade tensions with the United States. According to customs data released Monday, […]
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