In early August, US Trade Representative Robert Lighthizer said Trump had asked him to consider increasing tariffs on $200 billion worth of Chinese goods from 10 to 25 percent. The exact date for the new tariffs’ enactment has not been specified. China-US trade tensions escalated sharply in March after Trump announced import duties on steel and aluminum. Since then, Washington and Beijing have imposed […]
In an interview with CNBC, White House adviser Larry Kudlow has warned that in case talks between the US and China on trade don’t go well, US President Donald Trump “could pull the trigger” on additional tariffs on Chinese goods.
In spite of the liberalization of the policies in the last few years, investors are facing numerous obstacles such as: Lack of capital/funding; Low tariffs coupled with high investment costs in newer technologies; Lack of qualified human resources; Underdeveloped supporting industries; Weak grid capacity; Un-bankable power purchasing agreements (PPA) terms; Delays in larger projects due […]
Hanoi (VNA) – Vietnam’s textiles enjoying preferential export tariff to the Eurasian Economic Union (EAEU) are likely to surpass the trigger level which results in the application of a safeguard measure cited in the Vietnam-EAEU Free Trade Agreement (VN-EAEU FTA), the Ministry of Industry and Trade (MoIT) has warned.
In addition to investing in technology and equipment, many companies in the garment and textile industry have also studied the commitments made in the free trade deal, in particular those regarding tariffs and origin requirements, so they can adjust their manufacturing process and raw material sources as well as improve their workforce to boost capacity […]
The recent tariff assault initiated by the United States on Chinese imports, which sparked a prompt retaliation by China, has left global investors worried. For emerging markets, reeling under the impact of the strong dollar, rising US interest rates and an end to accommodative monetary policy globally, the news of trade wars between the titans […]
George H.W. Bush, riding high with stratospheric poll numbers following the 1991 Gulf War, found himself going down to defeat in November 1992 to a relatively unknown governor from Arkansas. Following three Democratic landslide losses to Republicans (1980, 1984 and 1988), Bill ClintonWilliam (Bill) Jefferson ClintonBiden’s climate plans can cut emissions and also be good […]
Another focus is the production of hand sanitisers. Around one million litres of disinfectants have been delivered free of charge to hospitals and medical facilities in many countries. Nevertheless, our teams around the world have also initiated diverse activities to support those who need it the most in this critical time. In Vietnam, we conducted […]
With the EU-Vietnam Free Trade Agreement (EVFTA) entering into force in the third quarter, the BCI also asked EuroCham members about its impact on their business and investment plans. One-third said that the agreement was an important part of their decision to invest in Vietnam, with the top two factors predicted to drive growth being […]