The Ministry of Plantation and Commodities (KPK) through the Malaysian Rubber Board, is re-evaluating the need to increase allocations for the opening of new rubber planting areas, particularly in hardcore poverty areas such as Ranau.
Thailand’s pledge to President Donald Trump of near-total market access for US goods includes key limits to protect some domestic industries, according to a government official, laying out the Southeast Asian nation’s terms for a tariff deal with Washington.
Only 6% of rated companies in Asia-Pacific have an overall high exposure to US tariff-related risks, the lowest globally, reflecting the region’s resilience amid trade and market upheavals, according to Moody’s Investors Service (Moody’s Ratings).
The US trade deficit narrowed in June on a sharp drop in consumer goods imports, and the trade gap with China shrank to its lowest in more than 21 years, the latest evidence of the imprint on global commerce President Donald Trump is making with sweeping tariffs on imported goods.
Oil prices climbed on Wednesday, rebounding from a five-week low in the previous day, on concerns of supply disruptions after US President Donald Trump's threats of tariffs on India over its Russian crude purchases.
Vietnam’s exports jumped more than expected in July, with buyers racing to avoid a 20% tariff on the country’s exports to the US, set to take effect on Aug 7.