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Cambodia Seeks Greater Financial Support from China Amid U.S. Tariff Pressures

As President Xi Jinping travels to Phnom Penh, Cambodia is looking to China for more investments, especially in infrastructure. The U.S. imposed a 49%

As President Xi Jinping travels to Phnom Penh, Cambodia is looking to China for more investments, especially in infrastructure. The U.S. imposed a 49% tariff on Cambodia, a significant exporter of apparel and footwear to the United States, which strengthened its relationship with China. The Cambodian government is hoping for Chinese assistance for the $1.7 billion Funan Techo Canal project, which aims to lessen dependency on Vietnamese ports. But China hasnt publicly committed to funding it yet. Xi has already visited Vietnam and Malaysia as part of a larger diplomatic campaign in Southeast Asia. There are still worries about fraud centres and military collaboration between China and Cambodia, despite their "ironclad" friendship. Read More..

B2B Tech News | 1 months ago        

Italy Sets Conditions for UniCredit’s Banco BPM Takeover, Including Russia Exit

According to reports, the Italian government requests that Banco BPM leave Russia as soon as possible for UniCredit to acquire the bank. Pressure from

According to reports, the Italian government requests that Banco BPM leave Russia as soon as possible for UniCredit to acquire the bank. Pressure from the European Central Bank on UniCredit to scale back its Russian business aligns with this action. Furthermore, the government is expected to mandate that UniCredit sustain Banco BPMs project financing levels and have a steady loantodeposit ratio. The agreement could be decided as early as Friday, but according to certain rumours, it might not be decided until 22 April. Although UniCredit has not yet provided a statement regarding the terms, the withdrawal from Russia may be crucial to obtaining approval for the purchase. Read More..

B2B Tech News | 1 months ago        

ASML Reports €3.9 Billion Q1 Bookings, Missing Analysts’ Expectations

With Q1 bookings of €3.9 billion $4.4 billion, ASML, the largest provider of chipmaking equipment worldwide, fell short of analysts forecasts of €

With Q1 bookings of €3.9 billion $4.4 billion, ASML, the largest provider of chipmaking equipment worldwide, fell short of analysts forecasts of €4.89 billion. Despite robust demand for AIdriven semiconductor tools, the company identified tariff uncertainty as a significant issue influencing its view for 2025 and 2026. Global trade tensions may affect future orders for ASMLs EUV lithography machines, which are essential for Nvidia and Apple. Although there are still macroeconomic uncertainties, CEO Christophe Fouquet stressed that investments in AI will spur growth. The company maintains its 2025 revenue forecast of €30 billion to €35 billion, although experts caution that trade restrictions may cause supply chain disruptions for semiconductors. Read More..

B2B Tech News | 1 months ago        

IndiaU.S. Bilateral Trade Agreement Aims to Double Trade to $500 Billion by 2030.

A bilateral trade agreement BTA between the United States and India aims to double trade to $500 billion by 2030. After virtual talks this week, inper

A bilateral trade agreement BTA between the United States and India aims to double trade to $500 billion by 2030. After virtual talks this week, inperson trade negotiations will start next month. By September or October 2025, the first phase of the agreement should be completed. India wants reduced tariffs on clothing, textiles, diamonds, and prawns, while the United States wants duty reductions on industrial commodities, electric vehicles, and agricultural products. Global tariff changes are causing import spikes, especially from China, Vietnam, and Indonesia, which officials watch. By strengthening economic relations in the face of changing global trade dynamics, the agreement might significantly increase trade prospects for both countries. Read More..

B2B Tech News | 1 months ago        

China’s Q1 GDP Grows 5.4%, But U.S. Tariffs Threaten Future Expansion

Chinas firstquarter GDP rose by 5.4%, which is above forecast, but it faces uncertainty due to rising U.S. tariffs. As manufacturers hurried shipments

Chinas firstquarter GDP rose by 5.4%, which is above forecast, but it faces uncertainty due to rising U.S. tariffs. As manufacturers hurried shipments before the 145% U.S. tariff surge going into force, the growth was propelled by robust exports. Though exports are predicted to drop precipitously in the upcoming months, analysts caution that this momentum might not endure. Despite government stimulus attempts, real estate investment is declining by around 10% annually. Consumer prices, on the other hand, dropped by 0.1%, indicating poor domestic demand. Beijing is focusing on increasing consumption to offset the effects of tariffs, but experts anticipate weaker growth in the future estimates for GDP in 2025 have been lowered to 3.4%. The trade war is still influencing Chinas economic prospects. Read More..

B2B Tech News | 1 months ago        

U.S.China Trade War Intensifies as Tariffs Reach Historic Levels

With trade ties worsening and tariffs hitting alltime highs, the U.S.China economic decoupling is speeding fast. Bilateral trade is essentially on lif

With trade ties worsening and tariffs hitting alltime highs, the U.S.China economic decoupling is speeding fast. Bilateral trade is essentially on life support after the U.S. levied 145% tariffs on Chinese imports and China responded with 125% penalties. Chinas dominance over rare earth shipments and its $750 billion in U.S. Treasury bonds, which might be used as leverage, further complicate the position. According to the World Economic Forum, a complete decoupling may harm the entire world economy, possibly leading to inflation and instability. Global markets might be impacted by an extreme decoupling, which Goldman Sachs says could result in $2.5 trillion in bond and equity selloffs. The dynamics of international trade are still shaped by the ambiguity surrounding U.S.China ties. Read More..

B2B Tech News | 1 months ago        

New Zealand’s Foreign Minister Calls for Stronger U.S. Role in IndoPacific

In light of changing security concerns, New Zealands Foreign Minister Winston Peters reaffirmed the nations close ties with the United States and emph

In light of changing security concerns, New Zealands Foreign Minister Winston Peters reaffirmed the nations close ties with the United States and emphasised its significance in the IndoPacific area. While in Hawaii, Peters emphasised the two countries common strategic objectives, especially in the Pacific, where they work together to thwart Chinas expanding might. He stressed the necessity of an involved and aggressive U.S. presence and urged further collaboration on security, political, and economic matters. New Zealands commitment to regional stability and relationships was further reinforced during the visit by talks with regional representatives from Palau, Micronesia, and the Marshall Islands and officials from the U.S. IndoPacific Command. New Zealand is pushing for greater U.S. involvement in the Pacific, and this diplomatic engagement demonstrates that. Read More..

B2B Tech News | 1 months ago        

Taiwan Prepares to Simulate Impact of U.S. Tariffs on Semiconductor Industry

To evaluate the economic effects and hold discussions with Washington, Taiwan is getting ready to model how possible U.S. tariffs would affect its sem

To evaluate the economic effects and hold discussions with Washington, Taiwan is getting ready to model how possible U.S. tariffs would affect its semiconductor sector. Citing national security concerns, the Trump administration looks into chip imports as part of a larger push to levy tariffs. Taiwans Economy Minister Kuo Jyhhe promised to maintain fair competition and highlighted the complementary nature of the American and Taiwanese chip industries. Apple and Nvidia, which have announced significant U.S. investments, continue to rely heavily on Taiwan, the home of TSMC, the largest contract chipmaker in the world. The government hopes to negotiate tariff reductions to minimise possible disruptions to the global semiconductor supply chain. Read More..

B2B Tech News | 1 months ago        



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