labels: US Tax
China confirms order for 200 Boeing aircraft, proceeding with extension of tariff deferral agreement with the United States.
China has confirmed an order for 200 Boeing aircraft, is moving forward with an extension of its tariff truce with the United States, and is preparing to further reduce retaliatory tariffs following Trump's meeting with Xi Jinping.Why 2026 could be a volatile year in global trade.
Although global trade is expected to remain stable in 2025, the tremors from US tariffs, shipping routes, supply chains, and tax cases in the US Supreme Court could still impact it.The Trump tariff crisis is forcing small US businesses to borrow at interest rates exceeding 30%, risking bankruptcy.
Small businesses in the U.S., burdened by Trump taxes, are increasingly turning to high-interest loans such as merchant cash loans—over 30%—to stay afloat.Indonesia expects to reach an agreement on customs tariffs with the United States by the end of this year, after sending a negotiating team to Washington.
Indonesia believes it can conclude a tariff agreement with the United States by the end of 2025. These negotiations are in line with the "Leaders' Declaration."Ekanit met with the US Ambassador to strengthen cooperation in all areas and drive negotiations on US taxes.
Ekanit met with the US Ambassador, emphasizing comprehensive cooperation and continuing to drive forward negotiations on US tariff measures.The Ministry of Commerce reiterates that Thailand will not stop negotiating US tariffs, insisting they must be concluded this year.
The Ministry of Commerce reiterates that Thailand will not stop negotiating US tariffs, stating that Thailand is fully prepared for negotiations with the USTR. A working group meeting will be held soon to discuss the details of the reciprocal trade agreement, confirming that negotiations must be concluded within the framework of 68.The Finance Minister revealed that US tax negotiations are proceeding as planned, confirming that the deal will be closed by the end of 68.
The Finance Minister revealed that Thailand is proceeding with US tariff negotiations as planned, with the US promising to separate political issues from trade, and is confident that negotiations will be concluded by the end of 2568.“Global giants” have already shouldered the cost of “US taxes” of more than 3.5 billion dollars.
"Global giants" have already shouldered the cost of "US tariffs" of more than $3.5 billion, but many are starting to lower their forecasts after the new trade deal.ASEAN fears US tariffs of 19-40% will pressure trade negotiations, risking Vietnam losing $25,000 billion
ASEAN fears US tariffs of 19-40% are putting pressure on trade negotiations in Kuala Lumpur. UNDP estimates Vietnam could lose $25,000 billion in export revenue.Banks launch measures to help businesses cope with the US imposing a 19% import tax on Thai goods.
The Bank assesses the impact of the 19% US tariff on Thai businesses and recommends accelerating adaptation, increasing production efficiency, and finding new markets, along with measures to help them cope.
































