The Lee Administration's recent consideration of deploying Korean forces to the Strait of Hormuz has sparked backlash from civil society and even among Lee's supporters. As public opposition grows, questions arise about
The ASEAN Economic Ministers (AEM) today issued a joint statement expressing deep concern over the recent imposition of unilateral tariffs by the United States, warning that the move could undermine global trade,
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China’s surging trade dominance, underpinned by a record-breaking $1 trillion trade surplus, has intensified global economic tensions and played a pivotal role in reigniting former U.S. President Donald Trump’s tariff war, Financial
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Globalization helped make the United States the most prosperous nation in history. But many Americans feel they haven’t benefited from free trade and voted for Donald Trump to “liberate” them from the
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The United States still holds a commanding position in global affairs. Its influence – political, military, economic, and cultural – remains immense, the result of a historical head start built over decades.
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In the face of escalating tariffs under President Donald Trump’s trade war with China, Apple is deepening its reliance on India to mitigate the financial blow to its business. With the tech
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As President Donald Trump’s tariffs on imported goods intensify, U.S. consumers are expected to face significant price hikes on a wide range of household products, including leather goods, clothing, furniture, and consumer
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China is emerging as a dominant player in the development of humanoid robots, posing a serious challenge to U.S. companies in this cutting-edge field. With advances driven by cheaper components, fast-paced innovation,
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The United States is set to deploy several MQ-4C Triton long-range surveillance drones to Okinawa, Japan, amidst increasing tensions between China and Taiwan. Japan’s Defense Minister, Gen Nakatani, confirmed that the drones
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by Our Correspondent in Washington DC President Donald Trump announced a dramatic shift in his tariff strategy, increasing tariffs on China to 125% while pausing tariffs for other trade partners for 90
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China has announced a significant increase in tariffs on American goods, pushing the new tariff rate to an eye-watering 84%. The Chinese Finance Ministry revealed the move on Wednesday, citing the U.S.
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by Our Economic Affairs Editor In a newly released white paper titled “China’s Position on Some Issues Concerning China-US Economic and Trade Relations,” the Chinese government has issued a sharp and comprehensive
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As the political West struggles to maintain cohesion in what often resembles a dysfunctional marriage – one seemingly heading toward an inevitable divorce – events unfolding on the other side of the world are
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There are two analytic principles worth repeating before delving into the raft of tariffs the Trump administration issued last week. The first is that we have entered into an unanchored world order, a
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According to four industry executives familiar with the matter, the Mexican government has begun talks with private energy firms about ramping up fracking, a practice long shunned by Sheinbaum’s left-wing Morena party
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Musk, a long-time critic of tariffs, branded Navarro a “moron” and “dumber than a sack of bricks” on Tuesday morning, after the trade adviser dismissed him on television as a mere “car
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