US EditionTrump strikes deals on trade, critical minerals in Southeast Asia
- On Sunday, U.S. President Donald Trump signed trade and critical minerals agreements with three Southeast Asian partners in Kuala Lumpur at the ASEAN Summit.
- China's tightened controls and tariff evasion concerns drove Washington to diversify supplies, while Malaysia banned raw rare earth exports but agreed not to restrict shipments to the United States on Sunday.
- The White House said the United States will maintain a tariff rate of 19% on most exports, while Malaysia agreed to provide preferential market access and Thailand pledged to eliminate tariff barriers on approximately 99% of goods, including labour and environmental protections.
- The deals aim to unlock regional resources and rapidly build critical minerals supply chains following an enhanced ceasefire between Thailand and Cambodia, a senior administration official said.
- Negotiators remain hamstrung by fragile handshake deals with Vietnam, Indonesia and the Philippines, while rising Section 232 investigations threaten new tariffs in coming months.
108 Articles
108 Articles
For the new Prime Minister, Sanae Taikaichi, who must establish his authority, the stakes are of crucial importance. ...
DNyuz
My Mother LodeAsian shares are mixed as region watches for outcome from Trump’s visits
TOKYO (AP) — Asian shares were mixed on Tuesday, with Chinese markets gaining as investors watch to see what might come of a planned meeting between President Donald Trump and China’s top leader. Hong Kong’s Hang Seng edged 0.1% higher to 26,451.08 and the Shanghai Composite index gained 0.2% to 4,005.44, its highest level in a decade. Trump has suggested he expects to forge another trade agreement with Chinese President Xi Jinping when they mee…
Trump Secures Major Trade and Rare Earth Deals in Asia.
PULSE POINTSWHAT HAPPENED: President Donald J. Trump began his Asia tour with a visit to Malaysia, brokering peace accords, trade agreements, and critical minerals deals.WHO WAS INVOLVED: President Trump, leaders of Cambodia, Thailand, Malaysia, and Vietnam.WHEN & WHERE: Kuala Lumpur, Malaysia, during President Trump’s Asia tour on Monday.IMPACT: Historic peace agreements, expanded market access for U.S. goods, and strengthened critical mineral …
U.S. President Donald Trump went to Tokyo for months, where he met the king of Japan and the new prime minister, Sanae Takaichi, during a trip to Asia to secure trade, investment and growth agreements...
President Trump met with Emperor Naruhito after landing in Japan on Monday as part of his week-long trip to Asia. The two met at Tokyo’s imperial palace shortly after Trump arrived from Kuala Lumpur, Malaysia. Trump plans to meet with Japan’s prime minister, Sanae Takaichi, on Tuesday
RECIT - Prior to his meeting with Xi Jinping, Trump visits his "alloy", after having mistreated him for months.
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