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OMODA 4 Set to Debut in ASEAN with Advanced AI Features

OMODA 4 Set to Debut in ASEAN with Advanced AI Features

OMODA 4 Set to Debut in ASEAN with Advanced AI Features
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OMODA 4 Set to Make ASEAN Debut, Sparking Global Enthusiasm

OMODA 4 Set to Make ASEAN Debut, Sparking Global Enthusiasm

OMODA 4 Set to Make ASEAN Debut, Sparking Global Enthusiasm
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A forced-labor crackdown or an end-run around Congress? Dissecting Trump's new tariffs

A forced-labor crackdown or an end-run around Congress? Dissecting Trump's new tariffs

The Trump administration has levied tariffs on more than 60 countries, using a legal justification that permits the president to impose import taxes and other sanctions against countries found to engage in “unjustifiable,” “unreasonable” or “discriminatory” trade practices
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India's Textile Exporters Concerned Despite Lower US Tariffs

India's Textile Exporters Concerned Despite Lower US Tariffs

India has secured a lower 10% tariff under the US Section 301 tariffs, which is less than the 12.5% rate for several other countries. However, Indian textile exporters remain concerned due to the lack of tariff-rate quota (TRQ) exemptions, which have been granted to competitors like Bangladesh, Cambodia, Indonesia, and Malaysia. These exemptions allow specified quantities of textile imports manufactured using US-origin cotton and fiber to enter the US market without additional tariffs, giving these countries a competitive edge.
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China and Japan differ on whether their foreign ministers spoke last week at ASEAN

China and Japan differ on whether their foreign ministers spoke last week at ASEAN

Japan and China are giving conflicting accounts about whether their foreign ministers briefly spoke last week
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South Korea Seeks to Resolve U.S. Trade Concerns Over Coupang

South Korea Seeks to Resolve U.S. Trade Concerns Over Coupang

South Korea's Trade Minister Yeo Han-koo visited Washington to address U.S. concerns over alleged discrimination against Coupang, a U.S.-listed e-commerce giant. The visit aimed to clarify South Korea's digital laws and policies, emphasizing their non-discriminatory nature. This comes amid a Section 301 investigation by the U.S. into potential trade violations. The discussions also focused on maintaining balanced trade agreements and preventing tariff issues from affecting broader economic relations. Despite efforts to ease tensions, the U.S. imposed a new 12.5% forced-labor tariff under the Trade Act.
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South Africa to Prohibit Goods Produced by Forced Labour Following U.S. Tariff

South Africa to Prohibit Goods Produced by Forced Labour Following U.S. Tariff

South Africa is planning to issue regulations to prohibit the importation of goods produced using forced and child labor. This decision follows the imposition of a 12.5% tariff by the United States on certain South African exports. The U.S. Trade Representative's decision was based on an investigation into whether South Africa's policies were discriminatory and burdensome to U.S. commerce. The South African government, led by Trade, Industry, and Competition Minister Parks Tau, is seeking public comments on the proposed regulations. The tariffs affect a range of South African exports, although some products, such as automobiles and steel, are exempt.
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U.S. Imposes New Tariffs on Over Sixty Economies for Forced Labor Concerns

U.S. Imposes New Tariffs on Over Sixty Economies for Forced Labor Concerns

U.S. Imposes New Tariffs on Over Sixty Economies for Forced Labor Concerns
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U.S. Prioritizes Deployment of Small Modular Reactors in Southeast Asia

U.S. Prioritizes Deployment of Small Modular Reactors in Southeast Asia

The U.S. has identified the deployment of small modular nuclear reactors (SMRs) as a key priority in its engagement with Southeast Asia. This initiative comes as regional electricity demand continues to rise. U.S. Ambassador to ASEAN Kevin Kim highlighted ongoing discussions with several governments in the region about adopting this technology. The push for SMRs follows a memorandum of understanding signed by the U.S., Japan, and South Korea to accelerate SMR deployment across the Indo-Pacific. This strategy is part of a broader U.S. effort to expand its energy footprint in Southeast Asia, focusing on LNG, grid technologies, and SMRs.
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President Trump's Tariff Moves Keep U.S. Rates Below Historical Peaks

President Trump's Tariff Moves Keep U.S. Rates Below Historical Peaks

President Trump has announced a series of new tariffs, including 10% to 12.5% on global goods and 25% on Brazilian imports. Despite these moves, the overall U.S. tariff rate remains below pre-Supreme Court levels, currently at 11.1% and expected to rise to 11.8% by year-end. The Supreme Court had previously struck down Trump's blanket tariffs, which had rates above 15% in 2025. The new tariffs include plans for a 50% tariff on Canadian goods and 100% on generic drugs by 2028, with further threats of tariffs on Europe.
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India to keep engaging with US on trade deal after new tariff measures

India to keep engaging with US on trade deal after new tariff measures

By Ashwin Manikandan MUMBAI, July 25 (Reuters) - India said on Saturday it would continue engaging with the United States to conclude a bilateral trade agreement, after Washington imposed a 10% tariff on imports from the South Asian nation under new trade measures.
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U.S. Tariff on Indian Goods Reduced to 10%, Impact on Exports Limited

U.S. Tariff on Indian Goods Reduced to 10%, Impact on Exports Limited

U.S. Tariff on Indian Goods Reduced to 10%, Impact on Exports Limited