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View all search resultsBefore the world felt the blow from US tariffs, there were an estimated 80,000 layoffs in Indonesia last year, according to official data from the Manpower Ministry. The ministry also estimated another 18,610 workers were laid off during the first two months of this year
Xi's first overseas trip of the year will see him visit Vietnam, Malaysia and Cambodia as Beijing seeks to tighten regional trade ties and offset the impact of huge tariffs unleashed by his US counterpart Donald Trump.
The rare bilateral visits to Southeast Asian nations mark a high-profile personal diplomatic outreach for Xi. Earlier this week, the Chinese president pledged to deepen "all-round cooperation" with China's neighboring countries.
The approval will come on the day that Trump's "reciprocal" tariffs on the EU and dozens of countries took effect, including massive 104 percent duties on China, extending his tariff onslaught and spurring more widespread selling across financial markets.
The extraordinary public spat came after Navarro described the Tesla boss and so-called Department of Government Efficiency (DOGE) chief as "not a car manufacturer" but "a car assembler" who relies on imported parts.
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