The trade war initiated by US President Trump has dealt a blow to American enterprises. Companies such as Apple and General Motors have made predictions about the impact of tariffs, which may lead to an increase of more than 10 billion US dollars (about 13 billion Singapore dollars) in their costs.
more
US President Trump announced a 59% reduction in the price of prescription drugs.
more
Against the backdrop of a seismic shift in the global trade landscape in 2025, the U.S. pharmaceutical industry is mired in a survival crisis triggered by tariff policies.
more
Both China and the United States said that the two-day talks in Geneva, Switzerland, had made "substantive progress".
more
Labor productivity in the United States declined in the first quarter for the first time in nearly three years as economic output dropped, ending the previous streak of efficiency growth that had helped mitigate the impact of employment costs on inflation.
more
According to the Associated Press, two US officials disclosed that US President Donald Trump plans to officially announce the renaming of the "Persian Gulf" to the "Arabian Gulf" during his visit to Saudi Arabia next week.
more
On May 2nd local time, the White House announced that the United States will hold a military parade on June 14th to celebrate the 250th anniversary of the establishment of the US Army, which happens to be Trump's 79th birthday.
more
The trade deficit of the United States hit a record high in March as enterprises increased the import of goods before the tariff measures took effect.
more
US President Trump said that the Houthi forces in Yemen have agreed to stop threatening the safety of navigation in the Middle East waters. On this basis, the United States will stop bombing the Houthi forces.
more
On May 4, 2025, US President Donald Trump announced on the social media platform Truth Social that he would authorize the Department of Commerce and the US Trade Representative to impose a 100% tariff on all foreign-made films entering the United States.
more
Recently, the situation in the Middle East has once again become suddenly tense due to Israel's military actions.
© Copyright 2025, All Rights Reserved
