Whether it is over TikTok, fentanyl or trade, Beijing might welcome a compromise to buy time to address its ailing economy and bolster its position globally.
But city leader warns against any attempts to interfere politically in Hong Kong’s political and judicial affairs
Asia-Pacific markets were set to open higher Monday, ahead of Donald Trump's inauguration with investors awaiting greater clarity on the policies of the incoming U.S. administration. Australia's S&P/ASX 200 rose 0.2% at the open.
Asian stocks were mixed on Wednesday after U.S. President Donald Trump’s latest comments on tariffs raised uncertainty in Chinese markets. Investors in Asia were relieved on
US President Donald Trump said he could impose 10% tariffs on Chinese goods from February 1. China's stock markets fell after Trump's comments, breaking several straight days of gains. Trump had said he could slap tariffs of 25% on Canada and Mexico from February 1.
During his inaugural address, President Trump claimed that the United States “lost 38,000 lives” during the construction of the Panama Canal. This is similar to a claim he’s made before—in 2023 he quoted a figure of 35,000 deaths.
Panama's President Jose Raul Mulino has denied that any other nation was interfering in the canal, which he said was operated on a principle of neutrality. "The canal is and will remain Panama's," Mulino said in response to Trump's threats.
From pushing back on the shift to electric vehicles to imposing additional tariffs on U.S. trade partners, here are some of the plans Trump outlined that are likely to affect Asia most:
SINGAPORE stocks closed lower on Wednesday (Jan 22) following a mixed picture in other Asian markets, after US President Donald Trump said his administration was discussing a 10 per cent punitive duty on Chinese imports.
Speaking to reporters at the White House, Trump reiterated his administration's plans to discuss a potential 10 percent tariff on goods imported from China starting February 1 to curb the flow of deadly drug fentanyl that is being sent from China to the U.