
Philippines Eyes Tariff Talks as U.S. Raises Import Duties to 20%
Jul 10, 2025 01:08 am UTC| Politics Economy
The Philippines is seeking to negotiate lower tariffs with the United States after Washington imposed a 20% duty on imports from Manila, up from the previously proposed 17%. Philippine Ambassador to the U.S. Jose Manuel...

Australia Seeks Clarity on Trump’s 200% Tariff Threat on Pharma Exports
Jul 09, 2025 04:49 am UTC| Politics Economy
Australia is urgently seeking clarification on U.S. President Donald Trumps proposed 200% tariffs on pharmaceutical imports, which could severely impact one of Australias key export sectors. Treasurer Jim Chalmers...

Malaysia Stays Optimistic Amid U.S. Tariff Talks, Seeks Win-Win Deal
Jul 09, 2025 04:43 am UTC| Politics Economy
Malaysias Minister of Investment, Trade and Industry, Tengku Zafrul Aziz, said the country has no plans to retaliate against the 25% tariff imposed by the United States on its exports. Speaking at the Reuters NEXT Asia...

Asian Currencies Slide Amid Trump Tariff Warnings and RBNZ Hold
Jul 09, 2025 04:36 am UTC| Economy
Asian currencies weakened on Wednesday as markets braced for further U.S. trade tariffs and digested signals from the Reserve Bank of New Zealand (RBNZ) and Chinese inflation data. The U.S. Dollar Index climbed 0.2% during...

New Zealand Holds Rates at 3.25%, Signals Possible Cut in August
Jul 09, 2025 04:33 am UTC| Central Banks Economy
The Reserve Bank of New Zealand (RBNZ) held its benchmark interest rate steady at 3.25% on Wednesday, citing ongoing near-term inflation risks. However, policymakers indicated that further rate cuts remain likely if...

Oil Prices Dip as U.S. Crude Stocks Surge, Markets Brace for Trump’s Tariff Moves
Jul 09, 2025 02:08 am UTC| Economy
Oil prices slipped in early Asian trading on Wednesday, retreating from a two-week high after U.S. inventory data revealed an unexpected spike in crude stockpiles. Brent crude futures for September delivery fell 0.3% to...

Dollar Strengthens as Trump Signals More Tariffs and Trade Moves
Jul 09, 2025 02:06 am UTC| Economy
The U.S. dollar extended gains against the yen for a third consecutive day on Wednesday, boosted by rising U.S. yields and renewed trade tensions. President Donald Trump announced 25% tariffs on Japan and other nations,...
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