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Trade War

Help rakyat first Trade War

Help rakyat first

PETALING JAYA: Economic recovery and continuation of government assistance to the people should take precedence in the fiscal budget for next year. The government has to take into consideration that the economy is very fragile, given the devastation caused by the Covid-19 pandemic. In addition, the unemployment rate is rising…
bubmag
September 17, 2020
China extends tariff exemptions on 16 US products for another year at the request of Chinese importers Trade War

China extends tariff exemptions on 16 US products for another year at the request of Chinese importers

China and the United States have kept retaliatory tariffs on a number of products, while extending exemptions on others, in their ongoing trade war. Photo: ShutterstockMinistry of Finance says renewed tariff exemptions on American goods will be in place until September 16, 2021 Beijing and Washington have both kept retaliatory…
bubmag
September 15, 2020
Successive shocks to wine industry could see many small players go out of business Trade War

Successive shocks to wine industry could see many small players go out of business

The wine industry has dealt with multiple shocks this year, perhaps more than any other rural sector, and there are fears that some smaller businesses will go bust.Lawyer Will Taylor, who has been advising wine companies for decades, said the industry was facing a terrible time in the coming year.The…
bubmag
September 10, 2020
Why is Prime Minister Justin Trudeau refusing to stop Meng Wanzhou’s extradition? Trade War

Why is Prime Minister Justin Trudeau refusing to stop Meng Wanzhou’s extradition?

Why is Prime Minister Trudeau refusing to stop Meng Wanzhou's extradition? This is the question I have been asking myself over and over since Wanzhou's arrest in Vancouver by the Canadian authorities for an extradition in December 2018. As a clear retaliation to this act of aggression taken by Canada, the…
bubmag
September 5, 2020
Foxconn and Pegatron reportedly planning to expand to Mexico to avoid the trade war Trade War

Foxconn and Pegatron reportedly planning to expand to Mexico to avoid the trade war

In brief: Several Asian manufacturers looking to diversify supply chains have partially shifted production lines to India, Vietnam, and Taiwan. This trend started as a result of the US-China trade war and only accelerated during the coronavirus pandemic, with Mexico as the next hot property. The trade war between China…
bubmag
August 24, 2020