Economy News

Economy

How Trump's New Tariffs Could Impact Singapore Companies: A Deep Dive into the Survey Findings

A survey by AmCham Singapore reveals concerns among Singapore companies over Trump's new tariffs, with many expecting negative impacts. Strategies like supply chain diversification...

Economy

Exclusive: Trump Launches $5M 'Gold Card' Visa, Promising Fast Track to U.S. Citizenship

Former President Donald Trump announces a $5M 'Gold Card' visa, offering a fast track to U.S. citizenship. The visa, featuring Trump's image, aims to attract job creators and reduc...

Economy

Vietnamese Communist Party Leader and US President Discuss Strengthening Bilateral Ties and Trade Relations

General Secretary of the Communist Party of Vietnam To Lam and U.S. President Donald Trump discussed strengthening bilateral relations and trade during a phone call. They explored ...

Economy

Vietnam Seeks US Tariff Negotiation Grace Period to Strengthen Bilateral Trade Relations

Vietnam has requested the U.S. to delay new tariffs for 1–3 months to allow for negotiations, highlighting efforts to strengthen bilateral trade relations through reduced tariffs a...

Economy

China Imposes Hefty 34% Additional Tariffs on US Imports Starting April 10 Amid Trade Tensions

China has announced an additional 34% tariff on all US imports starting April 10, alongside export controls on rare earth elements, and plans to challenge US tariffs at the WTO, es...

Economy

Fed Chair Powell Warns: Trump's Tariffs Could Trigger More Severe Economic Risks Than Anticipated

Federal Reserve Chair Jerome Powell warns that the economic impact of Trump's tariffs may be more severe than expected, with potential to raise inflation. The Fed remains cautious,...

Economy

Powell Asserts U.S. Economy's Strength Amid Uncertainties, Highlights Low Unemployment

Federal Reserve Chair Jerome Powell cites the nonfarm payrolls report as evidence of the U.S. economy's strength, with low unemployment rates despite uncertainties. He avoids polit...

Economy

Jerome Powell Warns: April 2 Tariffs' Economic Impact to Unfold Gradually, Affecting Prices and Supply Chains

Federal Reserve Chair Jerome Powell discusses the gradual impact of April 2 tariffs on the US economy, noting their larger-than-expected scale and effects on prices, supply chains,...