Imports rose 13.1% in June, also lower than projection.
Brazilian President Luiz Inácio Lula da Silva said Thursday that his government has not been successful in trying to negotiate the 50% tariff on Brazilian imports that U.S. President Donald Trump has threatened to impose.
U.S. President Donald Trump's plan to impose a new 50% tariff on all Brazilian products from Aug. 1 could devastate the South American nation's citrus belt, as factories scale back production and orange farmers consider leaving fruit to rot amid a sharp drop in prices.
In addition to white rice, Vietnam has two other categories with high export values to the Singaporean market: milled fragrant rice and glutinous rice.
After President Ferdinand Marcos Jr.’s first-ever meeting with US President Donald Trump, Washington’s tariffs on Philippine goods have seemingly settled at 19%—slightly lower than the previous round but still higher than the original rate.
The ASEAN+3 Macroeconomic Research Office (AMRO) today forecasts the ASEAN+3 region to grow at 3.8 percent in 2025 and 3.6 percent in 2026, according to the latest quarterly update of its flagship ASEAN+3 Regional Economic Outlook (AREO).
President Donald Trump said Tuesday he and President Ferdinand Marcos Jr. of the Philippines have reached a trade agreement. Shortly after, he also revealed more detailed terms of an agreement with Indonesia.
Investment Promotion Agencies (IPAs) across the country will continue working closely with state governments to ensure that local industries in each state are not adversely affected by the United States tariff issue.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
