China on Sunday announced anti-dumping duties as high as 74.9% on imports of POM copolymers, a type of engineering plastic, from the United States, the European Union, Japan and Taiwan.
China has temporarily paused export restrictions targeting 28 American companies on the heels of the trade truce Beijing reached with the Trump administration over the weekend in Switzerland.
Japan's economy shrank for the first time in a year and at a faster pace than expected, data for the March quarter showed on Friday, underscoring the fragile nature of its recovery now under threat from US President Donald Trump's trade policies.
Domestic consumption is considered one of the key drivers of economic growth. To achieve the 2025 economic growth target of over 8%, boosting consumer demand, particularly through the continued 2% cut in value-added tax (VAT), is seen as a crucial solution.
This abrupt shift has created what the IMF terms “epistemic uncertainty” – a fundamental unpredictability about the rules governing global trade. SEE MORE
On May 10–11, 2025 – At Hoan Kiem Lake Walking Street, Hanoi, the Vietnam National Chemical Group (VINACHEM) will host a large-scale series of events, marking a significant milestone in the sustainable development and innovation journey of Vietnam's chemical industry. SEE MORE