Tariff Updates | ASIA BRIEFING

Middle East Briefing

How GCC Economies are Navigating Trump's 2025 Tariffs Better Than the Rest

04/23/2025

Under Trump's 2025 tariffs, GCC economies are outperforming regional peers, aided by oil wealth and growing trade ties with Asia.

ASEAN Briefing

How U.S. Tariffs Could Reshape the Philippine Economy and Key Export Sectors

04/23/2025

Discover how new U.S. tariffs could affect Philippine trade, electronics, garments, and agriculture, and what it means for foreign investors in 2025.

China Briefing

US-China Relations in the Trump 2.0 Era: A Timeline

04/23/2025

This timeline was created on January 21, 2025, and was last updated on April 23, 2025. On April 21, 2025, US Commerce Department imposes steep tariffs on Chinese-made solar cell imports from Southeast Asia.

ASEAN Briefing

Singapore Forms Taskforce to Safeguard Economic Growth

04/21/2025

Singapore unveils economic taskforce to address global trade risks and maintain investor confidence ahead of elections.

Middle East Briefing

EU and UAE Agree to Launch Free Trade Talks: Outlook and Opportunities

04/18/2025

The EU and UAE are set to launch formal trade talks aiming for a comprehensive agreement covering goods, services, and strategic sectors.

China Briefing

China’s New Instant VAT Refund Policy: Boost to Tourism and Retail, Amid Tariff Tensions

04/17/2025

China's new real-time VAT refund system enables foreign tourists to receive instant tax rebates at the point of purchase, aiming to boost domestic consumption and streamline the retail-tourism experience. While promising increased spending and digital tax efficiency, successful implementation will depend on retailer compliance and infrastructure readiness.

China Briefing

China’s Economy Beats Expectations in Q1 2025 - Can Momentum Last?

04/16/2025

While strong export growth helped China’s economy beat expectations in Q1 2025, the impact of US tariffs may test its resilience. We look at China's latest economic indicators.

Vietnam Briefing

Vietnam Reduces MFN Tariff Rates on Strategic Imports: Decree 73

04/16/2025

Vietnam reduces Most Favored Nation (MFN) tariffs on key imports under Decree 73/2025/ND-CP ("Decree 73") to enhance trade relations and supply chain access.

Middle East Briefing

UAE-India CEPA at Three Years: Trade and Investment Growth, Opportunities

04/16/2025

The UAE-India Comprehensive Economic Partnership Agreement (CEPA) accelerates bilateral trade, boosting market efficiency.

India Briefing

How Indian Exporters Can Offset Trump Tariffs Using US Foreign-Trade Zones

04/15/2025

Amid Trump-era tariff tensions, Indian analysts see import-export opportunities via the US Foreign-Trade Zone (FTZ) system, as the central government launches a national help desk to support its domestic traders.

Middle East Briefing

Egypt and the US Sign US$235 Million Locomotive Deal, Amid Tariff Uncertainty

04/15/2025

Amid global tariff uncertainty, Egypt and US trade ties reinforced with a US$235 million railway modernization deal.

China Briefing

Impact of US-China Tariffs on Transfer Pricing - Considerations for MNCs

04/14/2025

The escalating global trade war has profound implications for transfer pricing. We discuss strategies for MNCs to mitigate risk exposure.