TOKYO — Nissan Motor will start producing engines for a luxury crossover SUV in the U.S. to avoid tariffs under a reworked North American trade agreement (USCMA) that requires 75% of a car’s parts to be locally sourced
Toyoda spoke at the U.S. capital at the invitation of the Economic Club of Washington, D.C., one day after the automaker announced $749 million in fresh investments in the country. As Trump weighs new tariffs on foreign-built autos, Toyoda said: “Regardless of the direction we go, we will never leave the United States. We will
TAIPEI — U.S. technology companies, concerned that server power cords and plugs could be used by China to access sensitive data, have asked Taiwanese suppliers to shift production of these components out of the mainland. Lite-On Technology, whose customers include Dell EMC, HP and IBM, is building a new factory in Taiwan to manufacture power
Agricultural products, including dairy, are expected to be one of the main topics in a Japan-U.S. bilateral trade agreement. TOKYO — Japan and the U.S. are struggling to lay out a timeline for negotiations toward a bilateral trade agreement as Washington focuses its energies on securing a deal with Beijing. The first meeting will likely not
NAGOYA, Japan — Toyota Motor plans to invest nearly $13 billion in the U.S. over the five years through 2021, $3 billion more than previously pledged, as it boosts production there in a nod to President Donald Trump’s push to boost American manufacturing.
Figures show that online shopping has already reached 60 per cent of the Vietnamese population in 2019 so far, dominated by only a handful of e-commerce websites and social media pages. Richard Burrage, CEO of market research firm Cimigo Vietnam, discusses the trends.
Jonathan L. Moreno, general director of Medovations Vietnam (former AmCham Vietnam chairman and Vietnam Business Forum’s board member), shared his thoughts with VIR about Vietnam and the DPRK-US Summit held in Hanoi.
The USTR Annual Report says a successful 2019 will involve getting USMCA approved by Congress and reaching a deal with China that satisfies U.S. complaints. Japan, the EU, and UK are next in line.
The U.S. Trade Representative’s office said on Wednesday, Feb 27, it would move to formally suspend a scheduled tariff increase on Chinese goods “until further notice” following President Donald Trump’s decision to delay his Friday deadline for a U.S.-China trade deal amid progress in their talks.
Authorities in the central Vietnamese city of Da Nang are expected to issue investment certificates to eight foreign-invested projects, including the development of an aircraft device production plant of a U.S. investor.
USTR Robert Lighthizer, the lead U.S. trade negotiator, said the United States is seeking monthly meetings for lower-level officials, quarterly meetings at the vice ministerial level and semiannual meetings at the ministerial level for the enforcement process.