Malaysia could secure a 15% tariff rate under a potential trade deal with the United States, a figure notably lower than the 20% tariff recently agreed upon in Vietnam’s trade pact with the US, said MIDF Amanah Investment Bank.
In the Igarapé Lourdes Indigenous Territory in the Brazilian Amazon, community members gather to listen to José Palahv Gavião. An Indigenous teacher and cooperative leader, he speaks about the past and the future of Amazonian rubber.
Vietnam will devise measures to improve product quality to cope with potential risks from U.S. tariffs, as it seeks to expand exports to other markets and reduce its reliance on the United States, the country’s deputy trade minister said on Wednesday.
The size of China’s economy will exceed 140 trillion yuan ($19.5 trillion) this year, the head of the state planner said as policymakers look to steer the country beyond the current five-year policy plan, which concludes at the end of 2025.
Treasury Secretary Scott Bessent on Tuesday said the U.S. has taken in about $100 billion in tariff income so far this year, and this could grow to $300 billion by the end of 2025 as collections accelerate from President Donald Trump’s trade campaign.
A gauge of U.S. used vehicle prices sold at wholesale auctions that proved predictive ahead of the inflation surge following the COVID pandemic is climbing again, last month notching its largest annual increase in nearly three years.