Deal or no deal: What’s the state of Trump’s tariffs?
The Straits Times
Here is the state of play as Mr Trump moves to rebuild his trade agenda. Read more at straitstimes.com.
WASHINGTON - US President Donald Trump’s push to reimpose tariffs after his Supreme Court setback has raised questions about his trade deals and future plans, while fuelling a rush for refunds.
Here is the state of play as Mr Trump moves to rebuild his trade agenda.
Mr Trump’s new 10 per cent tariff on imports took effect on Feb 24 and will last for 150 days. It is widely viewed as a bridge towards more lasting action.
This does not apply to sectors targeted by separate investigations such as steel, aluminium and autos, nor does it hit the swath of goods entering the United States under the US-Mexico-Canada Agreement.
Mr Trump has pledged to raise this tariff to 15 per cent.
But US trade envoy Jamieson Greer maintained on Feb 25 on Fox Business that Washington seeks continuity in its trade policy.
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Global oil prices have soared as conflict in the Middle East has centred around the Strait of Hormuz. Read more at straitstimes.com.
BERLIN, March 23 - The leaders of Germany's centre-left Social Democrats (SPD) said on Monday the party needed to push ahead with promised reforms to tax and social welfare following the \"catastrophic\" loss in the state election in Rhineland-Palatinate at the weekend. Read more at straitstimes.com.
BUDAPEST, March 23 - Hungarian Prime Minister Viktor Orban ordered a probe on Monday into what he called a wiretapping of his foreign minister as his government sought to deal with the fallout from a media report about its links to Russia before an April election. Read more at straitstimes.com.
Explore how China leverages AI and digital innovation to enhance its soft power through cultural exports like video games and online literature. Read more at straitstimes.com.
The policy could save 20 per cent on fuel purchases, which has spiked since the Middle East war. Read more at straitstimes.com.
COPENHAGEN, March 23 - Denmark holds an election on Tuesday, with opinion polls showing a narrow lead for Prime Minister Mette Frederiksen's centre-left bloc, boosted by her defiant stand against U.S. President Donald Trump's push to take control of Greenland. Read more at straitstimes.com.
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LJUBLJANA, March 23 - Slovenia's political parties looked set for urgent coalition talks on Monday after no clear winner emerged from an election that could sway the Alpine country's domestic and foreign agenda. Read more at straitstimes.com.
MOSCOW, March 23 - U.S.-Israeli strikes near the Bushehr nuclear power plant in Iran are extremely dangerous and Russia has shared its concerns with the United States, Kremlin spokesman Dmitry Peskov said on Monday. Read more at straitstimes.com.
LONDON, March 23 - When Sarah Mullally is enthroned as the Church of England's first female Archbishop of Canterbury on Wednesday, she will inherit a task that has eluded her predecessors: uniting a divided 85-million-strong global Anglican Communion. Read more at straitstimes.com.
There are indications that the Arab stance against the Islamic republic is hardening. Read more at straitstimes.com.
PARIS, March 23 - Lionel Jospin, Socialist prime minister of France from 1997 to 2002, has died. Read more at straitstimes.com.