Tariffs

India garment makers rethink reliance on US after tariff shock

US duties on Indian products are currently 10% under Section 301, a US law allowing tariffs on imports, as well as base tariffs from 6% to 12%.

US President Trump’s midterm humbling offers little relief for South-east Asian exporters

The US Democrats’ gains could force the White House to rethink tariffs as voter opposition grows, with more Americans linking import duties to higher prices.

China extends US trade truce by two months

China is also continuing to suspend a probe into shipping and shipbuilding supply chain security said China’s transport ministry.

China says US farm purchases hinge on tariff-cut deal

FILE PHOTO: A drone view shows a cargo ship approaching a container terminal at Lianyungang port, Jiangsu province, China October 14, 2026. China Daily via REUTERS/File Photo

News analysis

Democrats’ midterm sweep puts AI boom to the test – with much at stake for Asia

After the Democrats’ US midterm sweep, the question remains if tighter scrutiny will derail data centre spending or impose the financial discipline investors want.

US Democratic win unlikely to ease firms’ cost, tariff woes in near term, executives say

It is too early to know what the results mean for the issues roiling companies worldwide, from tariffs and energy prices to inflation and consumer confidence.

From Iran to trade: How the US midterms impact the rest of the world

Pictures of US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu are pinned on a dartboard at an anti-US rally in Tehran.

Trump says Canada tariff deal coming ‘soon’ at Michigan border rally

Trump reiterated his oft-expressed position that higher tariffs on Canadian goods are needed because Canada “has been ripping off” the US in trade.

Trump lifts some Canada tariffs ahead of US midterm polls, after senator’s plea

Republican US Senator Susan Collins - who faces a strong challenge from a Democrat in the US-Canada border state of Maine - lobbied for the tariff changes.

Carney dismisses US accusations of Canadian election interference

Canada's Prime Minister Mark Carney speaks at a Forever Canadian rally, ahead of a non-binding referendum on Alberta sovereignty, in Edmonton, Alberta, Canada October 16, 2026. REUTERS/Jennifer Gauthier

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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.