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Malaysia seeking clarity on U.S. chips tariff, risks losing key market
KUALA LUMPUR, Aug 7 (Reuters) - Malaysia has reached out to U.S. counterparts seeking clarity on the latest plan to impose steep tariffs on U.S. imports of semiconductors and could risk losing a key market if its products become less competitive, its trade minister said on Thursday. Trade and Indust...Reuters
Thu, Aug 7
Trump adviser Navarro cautions against extra China tariffs over Russian oil
US President Donald Trump's trade adviser, Peter Navarro, said on Thursday that the United States (US) is not rushing to slap extra tariffs on China for its purchases of Russian oil, despite having recently raised levies on Indian imports for the same reason.Fxstreet
Thu, Aug 7
Australia’s Trade Surplus widens to 5,365M MoM in June vs. 3,250M expected
Australia’s Trade Surplus widened to 5,365M MoM in June versus 3,250M expected and 1,604M (revised from 2,238M) in the previous reading, according to the latest foreign trade data published by the Australian Bureau of Statistics on Thursday.Fxstreet
Thu, Aug 7
Trump imposes extra 25% tariff on Indian goods, ties hit new low
Additional US import tax takes effect in 21 days India calls move 'extremely unfortunate'Exporters warn of severe disruption to shipmentsNo Indian retaliation or top-level visit to US, source says By Andrea Shalal and Manoj Kumar WASHINGTON/NEW DELHI, Aug 6 (Reuters) - U.S. President Dona...Reuters
Thu, Aug 7
US President Trump says he could impose extra 25% tariff on China over Russia oil buys —Reuters
US President Donald Trump said that he could impose further tariffs on China similar to the 25% levies announced earlier on India over its purchases of Russian oil, depending on what happens, Reuters reported on Wednesday.Fxstreet
Wed, Aug 6
RPT-Japan ruling party heavyweight warns against BOJ rate hike
BOJ must be cautious about raising rates, LDP's Saito saysIshiba should step down so LDP can seek bigger coalitionSaito pushes back against opposition calls for sales tax cutBy Leika Kihara and Yoshifumi Takemoto TOKYO, Aug 6 (Reuters) - The Bank of Japan must be cautious about raising intere...Reuters
Wed, Aug 6
US President Donald Trump threatens 100% chips tariff, unless companies build in US - Bloomberg
US President Donald Trump said that he will impose a 100% tariff on imports that include semiconductors and chips, but not for companies that are building in the United States (US), Bloomberg reported on Wednesday.Fxstreet
Wed, Aug 6
CORRECTED-Large US banks say consumer finances are healthy despite tariffs
By Nupur Anand, Saeed Azhar and Tatiana Bautzer NEW YORK, July 15 (Reuters) - U.S. banking giants said consumers remained in good shape even after U.S. President Donald Trump's tariff policies roiled markets, but executives warned of potential weakness ahead."The consumer basically seems ...Reuters
Wed, Aug 6
