US tariffs

Copper extended this year’s rally on a report the incoming Trump administration will slowly ramp up trade tariffs rather than impose sizeable levies in one go.

Bloomberg reported that members of Trump’s incoming economic team are discussing slowly ramping up tariffs month by month, aimed at boosting negotiating leverage while avoiding a spike in inflation.

“The story in the Washington Post, quoting so-called anonymous sources, which don’t exist, incorrectly states that my tariff policy will be pared back. That is wrong,” Trump said.

Solar imports from Southeast Asia are being unfairly sold in the US below their production costs, according to initial findings of a Commerce Department review that laid out duties of as much as 271%.

Tariffs could be the proverbial tail that wags the dog in 2025, says Selena Ling, chief economist and head of global markets research and strategy at OCBC.

The problem facing the US is not trade. It is the reluctance to take advantage of the opportunities generated by the disruption trade can bring.

(June 6): President Trump’s abrupt decisions to impose tariffs on goods from Mexico (initially set at 5% on June 10 and gradually raised to 25% unless Mexico takes more forceful action to contain illegal immigration) and also to end India’s preferenti

SINGAPORE (May 22): The increases in US and Chinese tariffs are having a negative impact on their businesses, according to 74.9% of respondents in a recent survey by AmCham China and AmCham Shanghai of its member companies.

WASHINGTON (Feb 8): President Donald Trump said he won’t meet Chinese President Xi Jinping before a March 1 deadline to avert higher US tariffs on Chinese goods, intensifying fears the two won’t strike a deal before the end of a 90-day truce.