Trudeau’s political crisis rips up playbook for trade fight with Trump
“During the trade battles of Trump’s first term, Trudeau was still relatively popular in Canada, while Trump was new to the levers of power in Washington. That dynamic is different this time, with Trudeau’s grip on power slipping and a resurgent Trump leading a team of loyalists signed on to his agenda.”
[The Japan Times]
Trump threatens to take back Panama Canal over ‘ridiculous’ fees
“Trump also warned he would not let the canal fall into the ‘wrong hands.’ And he seemed to warn of potential Chinese influence on the passage, writing the canal should not be managed by China.”
[The Guardian]
Myanmar’s garment industry unravelling amid chronic labor shortage
“Rising living costs coupled with forced military recruitment have forced many garment workers to seek jobs abroad.”
[The Irrawaddy]
China to adjust import tariff rates to expand domestic demand
“According to a circular issued by the Customs Tariff Commission of China's State Council on Saturday, in a move to enhance the synergy between domestic and international markets, the country will implement provisional import tariffs that are lower than the most-favored-nation rates on 935 commodities.”
[Global Times]
Thailand agrees to join BRICS
“This acceptance of the invitation comes on the heels of significant developments within BRICS, including the recent induction of four new member states—Egypt, Ethiopia, Iran, and the United Arab Emirates—marking the bloc’s first expansion since South Africa joined in 2010.”
[Thailand Business News]
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