Economy News

Economy

US Commerce Secretary Assures 10% Import Tariff to Stay, Sparks Debate on Consumer Impact

US Commerce Secretary Howard Lutnick announced the continuation of a 10% import tariff, emphasizing its role in protecting domestic industries and shifting the financial burden to ...

Economy

Thailand Leverages Chinese Influencer to Shatter Durian Export Records to China

Thailand is collaborating with a top Chinese influencer to live-sell durians and other fruits, aiming to break export records. With China as the main market, efforts are underway t...

Economy

Japan's Prime Minister Ishiba Advocates for Zero Tariffs in US Trade Deal, Eyes Economic Benefits

Japanese Prime Minister Shigeru Ishiba aims for a tariff-free trade deal with the US, emphasizing economic benefits and a strong relationship with President Trump, diverging from t...

Economy

Unbelievable Bargain: Why Durians in Vietnam's Mekong Delta Are Selling for Just $1 per Kilogram

Durians in Vietnam's Mekong Delta are being sold at unusually low prices due to premature falling from trees caused by bad weather, leading to quality concerns and a significant dr...

Economy

China's Inflation Stagnates: CPI Dips 0.1% in April, Mirroring March's Decline

China's CPI dipped 0.1% in April, unchanged from March, indicating persistent deflationary pressures. Monthly CPI showed a slight recovery, while PPI continued to decline, reflecti...

Economy

China Boosts 24/7 Customs Operations to Welcome Thailand's Durian Exports Amid Safety Checks

China has implemented 24/7 customs operations to expedite Thai durian imports, alongside enhanced safety checks for contaminants. Thailand is boosting its quality control measures ...

Economy

UK Launches Unprecedented Sanctions Against Russia's Shadow Oil Fleet, Targeting Over $24 Billion in Cargo

The UK government has imposed its largest sanctions package yet on Russia's shadow fleet, targeting 100 vessels involved in transporting over $24 billion in cargo since 2024, aimin...

Economy

Exclusive: Trump Boasts US Will Reap Massive Profits from Strategic Tariffs and Trade Deals

President Donald Trump claims the US will profit significantly from tariffs, highlighting a new trade deal with the UK and upcoming talks with China. The agreement with British Pri...