India imposes anti-dumping duties on five Chinese products to protect local industries
Sunday, 23 March 2025 India has imposed anti-dumping duties on five products from China, including vacuum flasks and aluminium foil, to protect local industries. These duties, based on recommendations from the DGTR, will be in effect for up to five years and also apply to imports from other countries like Japan, Korea, and Malaysia.
Tariff War: Treasury Secretary Scott Bessent addressed pressing concerns about supply chain shocks and progress on trade deals with key Asian allies. Amid declining Chinese cargo shipments, Bessent dismissed fears of disruptions, praising U.S. retailers’ preparation. He hinted at imminent trade announcements with India and ongoing negotiations with South Korea and Japan, emphasizing that election cycles abroad are accelerating—not delaying—talks. Bessent characterized India as an “easier” partner due to its transparent tariff regime. The conversation reflects rising urgency in reshaping global trade relationships amid shifting geopolitical currents.
#ScottBessent #TradeDeals #USIndiaTrade #ChinaTariffs #SupplyChain #FairTrade #USJapanRelations #SouthKoreaTrade#USChinaRelations #GlobalEconomy #TradeNegotiations #IndiaTariffs #BidenTradePolicy #RetailSupply #AsiaUSDeals#Geopolitics #InternationalTrade #ElectionsAndTrade #TariffTalks #USAsiaPartnership
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Former South Korean President Moon Jae-in indicted on bribery charges
Moon's indictment adds him to a long list of South Korean leaders who have faced trials or scandals at the close of their terms or after leaving office.
READ MORE : http://www.euronews.com/2025/04/24/south-koreas-former-president-moon-indicted-for-alleged-bribery
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North Korea has issued a chilling warning following the U.S. deployment of B-1B bombers over South Korea, labeling the move a grave provocation. The regime threatened retaliation and hinted at targeting U.S. strategic assets, including long-range bombers. The warning comes just days after Donald Trump praised North Korean leader Kim Jong Un as “a very smart guy,” reigniting tensions and drawing global attention. As the U.S. and South Korea continue joint drills, the Korean Peninsula braces for potential escalation.
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Pacific threatened by cooperation between China, North Korea and Russia says US commander
According to the South Korean military, North Korea has also deployed thousands of troops to support Russian forces in the war against Ukraine.
READ MORE : http://www.euronews.com/2025/04/16/pacific-threatened-by-cooperation-between-china-north-korea-and-russia-says-us-commander
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Former President Donald Trump has officially ordered urgent tariff negotiations with India, Japan, and South Korea — a bold move signaling a massive shift in U.S. economic strategy. Acting South Korean President Han Duck-soo confirmed the directive following a direct call with Trump. With U.S. tariffs paused and strategic talks kicking off, the Indo-Pacific economic balance is on edge. Will this be the start of a new trade war or the formation of a stronger alliance against China’s growing influence?
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Chinese President Xi Jinping wraps up his Southeast Asia tour with a strategic visit to Cambodia, aiming to fortify bilateral ties and expand regional trade as tensions with the U.S. intensify. Amid fresh American tariffs targeting Chinese and Cambodian exports, Xi's outreach signals China’s pivot toward Southeast Asia. Following stops in Vietnam and Malaysia, his Cambodia leg underlines Beijing’s plan to counterbalance Western pressure with stronger ASEAN partnerships. The visit emphasizes mutual cooperation, trade development, and geopolitical maneuvering as China reinforces its influence in the region.
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Chinese President Xi Jinping’s visit to Malaysia marks a pivotal moment in Beijing’s bid to outmaneuver the U.S. in Southeast Asia. With Trump-era tariffs souring Washington's trade ties, Xi aims to convince Malaysia and ASEAN that China is the region’s best long-term partner. Touting deepened strategic ties, tech cooperation, and economic integration, Xi’s charm offensive leans into BRICS, RCEP, and de-dollarization plans. As Malaysia looks East, Beijing is pushing hard to anchor a new global order that trades in renminbi—and trades away American dominance.
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As Donald Trump hikes tariffs on Chinese goods to an unprecedented 145%, China appears to be outmaneuvering Washington through clever supply chain rerouting. Chinese exports are increasingly flowing through countries like Vietnam, Malaysia, and Indonesia to dodge U.S. tariffs — raising concerns about global trade transparency. Meanwhile, Vietnam records $18.5 billion in net FDI, some of which may be due to this strategic redirection. Trump has vowed more tariff hikes, while Beijing threatens to retaliate, placing ASEAN economies at risk and pushing the global trade system into chaos.
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Gas pipeline fire near Kuala Lumpur injures more than 100
Dozens were injured after a massive fire broke out in Puchong, near Malaysia's capital, when a gas pipeline burst, sending flames spreading to homes.
READ MORE : http://www.euronews.com/2025/04/01/gas-pipeline-fire-near-kuala-lumpur-injures-more-than-100
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Malaysia: A massive fire erupted at a Petronas gas pipeline in Malaysia’s Puchong town, sending 63 people to the hospital with burns and respiratory issues. The fire, which broke out Tuesday morning, caused a towering inferno, prompting evacuations and emergency relief efforts. Petronas has shut off the pipeline valve, but smoke and flames continue to rise. Authorities have sealed off the area, while ambulances rush victims to hospitals. No fatalities have been reported, but the full extent of the damage remains unknown.
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US President Trump is intensifying his trade war, imposing tariffs on India from April 2 for what he claims are unfair duties on US goods. While targeting... IndiaTimes