On the prospects of a bilateral trade agreement (BTA) with the U.S., Sitharaman pointed out that while the U.S. has already low tariffs, any further reductions would require approval from the U.S.
Japan Factory Output Rose in May, But Tariffs Cloud Outlook
TOKYO—Japan’s industrial production increased modestly in May, but the rebound is likely to be temporary due to the impact of U.S. tariffs and concerns over a global slowdown.Industrial production ...
Japan factory output rises, but slower than expected as US tariffs threat looms
By Satoshi Sugiyama TOKYO (Reuters) -Japanese factory output rose at a slower-than-expected pace in May, government data showed on Monday, as sweeping U.S. tariffs were threatening to derail the ...
Indonesia to ease import restrictions ahead of US tariff deadline
Indonesia will ease import restrictions and rules on many goods and raw materials in a bid to make it easier to do business in the country, officials said on Monday, ahead of the July 9 deadline for ...
Indonesia offers US opportunity of critical minerals joint investment as part of tariff talks
Indonesia has offered the United States the chance to jointly invest in a critical minerals project as part of its tariff negotiations with Washington, its senior economic minister said on Monday ...
Indonesia to ease import restrictions on goods ahead of U.S. tariff deadline
Indonesia will ease import restrictions and rules on many goods and raw materials in a bid to make it easier to do business in the country, ministers said on Monday, ahead of the July 9 deadline for ...
India’s equity benchmarks muted as financials, auto offset broader gains
India's equity benchmarks opened flat on Monday, taking a breather after last week's gains driven by easing geopolitical tensions, improved global cues and renewed foreign inflows. The Nifty 50 shed 0 ...
India’s Bond Index Moment Falters as Foreign Inflows Dry Up
India’s breakthrough into global debt markets is in need of a second act. Foreign investors have bought a net $20 billion of the nation’s index-eligible sovereign debt after JPMorgan Chase & Co.
Ford’s CEO says China’s EV progress is ‘the most humbling thing’ he’s ever seen
"We are in global competition with China and it's not just EVs. And if we lose this, we do not have a future Ford," Jim Farley, the CEO of Ford, said.
U.S.-China trade truce doesn’t even address the ‘low-hanging fruits’: OCBC
Tommy Xie of OCBC discusses the trade agreement framework between the U.S. and China, and says that one potential "big solution" to China's economic issues is structural reform regarding the rights of ...