Tag: trade war

Mahathir says cannot force rare earths firm Lynas to leave country amid fear of radioactive waste

Malaysia cannot force rare earths miner Lynas Corp to leave despite opposition from members of the Pakatan Harapan coalition who fear the risk of radioactivity from waste from the processing plant. Reuters today says the Malaysian Prime Minister Tun Dr Mahathir Mohamad believes the government cannot push the Australian...

‘Good chance’ for more US exports to Huawei: Trump aide

As the United States and China pursue trade talks, there is a "good chance" that more US firms will be granted licenses to sell products to controversial Chinese telecoms giant Huawei, White House economic advisor Larry Kudlow said Sunday. Kudlow's comments came after President Donald...

PM Lee warns US-China trade war could split global economy for decades to come

Singapore— Prime Minister Lee Hsien Loong told the Nikkei Asian Review at the G-20 summit in Osaka, Japan, he hopes the leaders of China and the US will take successful steps in defusing trade tensions. While Singapore is not a member of the G-20 but host nation...

Apple eyeing Malaysia as one of the countries to move production capacity

Malaysia is one of the Southeast Asia countries that may get a slice of Apple's business as it diversifies its supply chain in an effort to reduce its reliance on Chinese manufacturing. "Apple has asked several of its major suppliers to evaluate the cost implications...

Trade war will not put Chinese economy on constant decline: Analyst

By Anbound Malaysia As the U.S.-China trade war escalates, the prospects of US-China trade negotiations are slim.  The attack on Huawei by United States and the statement by President Donald Trump that Huawei would be included in trade negotiations, have increased the possibility that trade...

Australia plays down talk of US trade dispute

Australia's prime minister on Monday played down suggestions of a trade spat with the United States, which is reportedly considering tariffs on aluminium exports from Down Under. "We have an arrangement with the United States, and we are working within that arrangement," Scott Morrison said, trying to...

China accuses US of ‘naked economic terrorism’

by Ludovic EHRET China accused the United States of "naked economic terrorism" on Thursday as Beijing ramps up the rhetoric in their trade war. The world's top two economies are at loggerheads as trade talks have apparently stalled, with US President Donald Trump hiking tariffs on...

China warns US trade war will cut it off rare earths supply

Washington's trade war with Beijing puts it at risk of losing access to China-produced rare earths, which are critical to manufacturing, a commentary in state media said on Wednesday. The commentary follows President Xi Jinping's visit last week to a Chinese rare earths company --...

Huawei postpones Singapore launch of MateBook “until further notice,” tech war continues

Singapore – With the ongoing trade tensions between the United States and China as well as the ban placed on Huawei, the Chinese tech brand has started to postpone product launches. Huawei users and those keen on making the switch to the brand will have...

Trump’s outburst on trade impasse complicates China’s investment abroad

Markets yesterday tumbled after US President Donald Trump threatened to increase China tariffs after trade talks ended in an impasse. But these outbursts and the lingering trade tension is not helping China's investments abroad while the continued trade dispute between China and the US will...