Canada and Mexico, which have enjoyed a virtually tariff-free trading relationship with the US for three decades, were poised to immediately retaliate against their longtime ally.

TSMC has already begun producing advanced 4-nanometer chips for US customers in Arizona.

Asia’s trade environment is shifting rapidly, influenced by trends such as nearshoring, digital transformation and geopolitical realignments. With intraregional trade now making up 57 percent of Asia’s total trade, up from 54 percent in 2000, the region is more interconnected than ever.

Strong domestic demand ahead of the fasting month drove Indonesia's manufacturing PMI to a new high last month, but analysts say declining export orders signal trouble ahead amid persisting cost pressures.

Last month marks the first month of annual deflation since March 2000, BPS said.

Asian share markets made guarded gains on Monday as investors waited anxiously to see if imminent tariffs would go ahead, while bitcoin surged on news it would be included in a new US strategic reserve of cryptocurrencies.

The Purchasing Managers' Index (PMI), a key measure of industrial output, came in at 50.2 in February, according to the National Bureau of Statistics (NBS), above the 50-point mark that separates growth and contraction.

Deputy Cooperatives Minister Ferry Juliantono says that dozens of cooperatives have applied to obtain mining permits following the passage of a controversial revision to the 2009 Mining Law.

As an international bank with highly extensive experience in facilitating commerce, HSBC is offering Omni Collect to help streamline domestic payment and collections amid the flourishing digital economy in Southeast Asia.

National Economic Council (DEN) member Chatib Basri acknowledges that the current administration has little room to boost growth through monetary or fiscal policy, making structural reform the only viable option.

The President’s top adviser and brother has said several foreign investors have expressed interest in collaborating on national strategic projects in Indonesia's hydropower, geothermal and solar sectors alongside Danantara as coinvestor.

Vietnam's goods exports to the United States accounted for 30 percent of its gross domestic product last year, the highest share among US top trade partners, a Reuters review of public data shows, making the country highly vulnerable to reciprocal tariffs.

The drop in inventories in the world's second-largest palm oil producing country after Indonesia could support benchmark futures FCPOc3, and sustain the commodity's premium over competing oils.

US President Donald Trump has signed a memo calling for curbs on Chinese investments in strategic sectors like technology and critical infrastructure, a move Beijing slammed on Saturday as "discriminatory."

India meets nearly two-thirds of its vegetable oil demand through imports, with palm oil mainly bought from Indonesia, Malaysia and Thailand, while soyoil and sunflower oil imported from Argentina, Brazil, Russia and Ukraine.

A top adviser to President Prabowo Subianto has expressed confidence that Indonesia will achieve 8 percent year-on-year GDP growth in this year’s final quarter thanks to the government’s food and housing programs.

The European Union will seek more gas from countries including the United States to replace Russian supplies, and expand renewable energy faster to cut its overall reliance on the fuel, the EU's energy commissioner has said.

Analysts have warned that the situation may deteriorate further this year following the government’s decision to slash infrastructure spending, typically the sector’s main revenue source. They argue that consolidation among these firms is now more urgent than ever.

In 2020, the United States had already agreed to "a great trade deal with China" and a new deal was "possible," Trump told reporters.

US President Donald Trump said on Wednesday he will announce fresh tariffs over the next month or sooner, adding lumber and forest products to previously announced plans to impose duties on imported cars, semiconductors and pharmaceuticals.

The government’s massive budget cuts to fund the free meals program and shower the sovereign wealth fund with cash has garnered a mixed reception from economists, who say the cuts may be overly drastic but still preferable to issuing more debt.

US President Donald Trump expanded his offensive against trading partners on Tuesday, threatening 25 percent tariffs on imported cars, and similar or higher duties on pharmaceuticals and semiconductors.

Shipments of key Indonesian export commodities including iron and steel as well as crude palm oil (CPO) declined sharply in January, and economists project worse to come as higher US import tariffs hit global trade.

Agriculture Minister Andi Amran Sulaiman said on Friday that domestic milk production could only cover around 20 percent of national demand, leaving the country to face a 4.9 million tonnes deficit.

Japan's economic growth slowed sharply in 2024, cabinet office data showed on Monday, although the rate for the fourth quarter beat market expectations thanks to strong exports.

Illegal levies can eat up as much as 30 percent of total production costs, with bribes and extortion money flowing to multiple actors, including civil society organizations (CSOs), according to Transparency International Indonesia (TII).

People's Bank of China Governor Pan Gongsheng told a conference in Saudi Arabia that while most currencies have fallen against the dollar, the yuan has remained stable.

"I would have done them on April 1 [...] But we're going to do it on April 2," Trump says on potential auto tariff.

The Japanese government said Friday it will release a fifth of its emergency rice stockpile after hot weather, poor harvests and panic buying over a "megaquake" warning nearly doubled prices over a year.

Last year's decline marked the second consecutive annual drop in car sales since the 2022 peak.