Tariffs

US fires first shots in new tariffs offensive with 25% tax on most Brazil imports

A drone view shows ships and containers at the Port of Santos, in Santos, Brazil, April 3, 2025. REUTERS/Amanda Perobelli

US sets 25% tariff on some Brazilian imports starting July 22

Brazil’s government denounced the US tariffs and said it would take measures to insulate its economy from their effects.

Australia to toughen modern slavery penalty after US tariff threat

Around 4,000 Australian companies report annually on the steps they take to prevent forced labour in the supply chain.

China exports ride AI boom as domestic economy struggles

Exports climbed 27 per cent from a year earlier in June, outpacing the 19.4 per cent gain in May and an 18.2 per cent rise forecast by economists.

S’pore’s Q2 growth eases to 5.7% as Iran war tempers AI-powered manufacturing growth

PSA Pasir Panjang terminal in Singapore.

Volkswagen confirms weighing up to 50,000 more job cuts

The German car titan has come under intense pressure from US tariffs, slimmer profit margins on electric cars and, above all, intense competition in key market China.

Tariff refunds trigger widening in US budget gap for 2026

A crew inspecting the Maersk Nansha, a docked container ship, at APM Terminals inside the Port of Mobile in Mobile, Alabama, USA.

In race against Lula, Flavio Bolsonaro lobbies Washington to delay Brazil tariff

FILE PHOTO: Brazilian Senator Flavio Bolsonaro speaks during an event in Sao Paulo, Brazil, June 18, 2026. REUTERS/Alexandre Meneghini/File Photo

Electricity tariff for S’pore households to rise by 17%, gas tariff by 7.1% for next quarter

A four-room HDB household can expect a $17.14 increase in its average monthly electricity bill, before GST.

While You Were Sleeping: 5 stories you might have missed, June 27, 2026

Oil tanker JORYA sails at the sea near the Omani coast, as seen from Musandam, Oman, June 25, 2026. REUTERS/Stringer

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.