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US official asserts Trump's agenda in tariff-hit Southeast Asia
US official asserts Trump's agenda in tariff-hit Southeast Asia
Business and Economy
by  AFP

The first US official to visit Southeast Asia since Washington announced punitive tariffs on the region's countries on Tuesday issued a robust defence of President Donald Trump's foreign policy approach. The two-day meeting between Washington and the 10-country Association of Southeast Asian Nations bloc is being held in the city of Siem Reap.

Roche says will invest $50 bn in US over next five years
Roche says will invest $50 bn in US over next five years
Business and Economy
by  AFP

Swiss pharmaceutical giant Roche on Tuesday announced plans to invest $50 billion in the United States over the next five years. "Our investments of $50 billion over the next five years will lay the foundation for our next era of innovation and growth, benefiting patients in the US and around the world." noo/ach/rjm

US to impose new duties on solar imports from Southeast Asia
US to impose new duties on solar imports from Southeast Asia
Business and Economy
by  AFP

The United States on Monday announced its intention to impose tariffs of up to 3,521 percent on solar panels from Southeast Asia, a move aimed at countering alleged Chinese subsidies and dumping in the sector. If imposed, the new levies will come on top of the blanket 10 percent levy imposed by Trump since early April on products entering the United States from most trading partners.