Trump Considers 10% Tariff on China Over Fentanyl Crisis In a bold move to address the escalating fentanyl crisis, United States President Donald Trump announced plans to impose a 10% tariff on imports from China, effective no sooner than February 1. This decision marks a notable shift from his earlier campaign promise to levy tariffs … Read more
Trump Unveils “External Revenue Service” to Escalate Trade War Jakarta,CNBC Indonesia — Just days before his inauguration,President-elect Donald Trump has announced a bold new strategy to reshape U.S. trade policy. In a Truth Social post,Trump revealed plans to establish an “External Revenue service (ERS)” aimed at collecting “tariffs,duties,and all income from foreign sources.” This … Read more
Indonesia Loses Nvidia’s $200 Million AI Center too Vietnam: A Deep Dive into the Investment Battle Indonesia’s struggle to attract foreign investment has once again come to the forefront,as the country lost a high-stakes competition with Vietnam to secure a $200 million artificial intelligence (AI) research and advancement center from Nvidia Corporation. The US-based tech … Read more
Indonesia Loses Ground to Vietnam in the Battle for Foreign Investors Vietnam has emerged as a formidable rival to Indonesia in the race to attract foreign investors, with recent losses highlighting the challenges faced by Southeast Asia’s largest economy. From tech giants to automotive manufacturers, Vietnam has consistently outshone Indonesia, raising questions about the latter’s … Read more