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Lula Visits Vietnam to Strengthen Bilateral Trade and Economic Ties

During his visit to Vietnam, Brazilian President Luiz Inácio Lula da Silva hopes to improve commercial and economic relations between the two countri

During his visit to Vietnam, Brazilian President Luiz Inácio Lula da Silva hopes to improve commercial and economic relations between the two countries. The agenda includes talks on increasing Brazilian beef and aircraft exports and signing agreements in the areas of defence, agriculture, energy, and technology. A commercial group that includes officials from JBS and Embraer is with Lula as they look into possible business opportunities in Vietnam. As this visit demonstrates, Brazil is committed to strengthening ties with Vietnam and increasing collaboration in important areas. Read More..

B2B Tech News | 1 months ago        

Lesetja Kganyago Calls for Reassessment of South Africas Inflation Targeting Framework

South Africas inflation targeting framework, which was put in place 25 years ago, may impede economic growth and competitiveness, according to Lesetja

South Africas inflation targeting framework, which was put in place 25 years ago, may impede economic growth and competitiveness, according to Lesetja Kganyago, the countrys central bank governor. Although the framework has effectively lowered interest rates and macroeconomic volatility, Kganyago underlined that a new strategy must align it with structural realities and global developments. There are talks to reduce the inflation objective from the present midpoint of 4.5% to about 3% to promote sustainable growth. Discussions on how to best implement monetary policy to balance price stability and economic development are reflected in this. Read More..

B2B Tech News | 1 months ago        

Mexico and U.S. Strengthen Bilateral Relations Amid Trade Tensions

Recently, U.S. Deputy Secretary of State Christopher Landau and Mexican Foreign Minister Juan Ramon de la Fuente called for strengthening their bilate

Recently, U.S. Deputy Secretary of State Christopher Landau and Mexican Foreign Minister Juan Ramon de la Fuente called for strengthening their bilateral ties. The main topics of debate included commerce, migration, and security. Both officials committed to having regular information exchanges and to meeting in person soon. A 25% duty on auto imports is one of the new tariffs announced by former US President Donald Trump, which has led to increased trade tensions. In Washington, Mexicos Economy Minister Marcelo Ebrard is also attending relevant discussions, highlighting Mexicos initiative in tackling these issues. This reflects continued efforts to manage intricate trade dynamics and promote collaboration between the two countries. Read More..

B2B Tech News | 1 months ago        

India and U.S. Engage in Intense Talks to Finalize Bilateral Trade Agreement

S. Jaishankar, the minister of external affairs, said that trade talks between the United States and India are "very active and intense". Following re

S. Jaishankar, the minister of external affairs, said that trade talks between the United States and India are "very active and intense". Following recent conversations between former U.S. President Donald Trump and Prime Minister Narendra Modi, these negotiations aim to finalise a bilateral trade pact by autumn 2025. Reducing tariffs, expanding market access, and tackling nontariff barriers are important areas of focus. Increasing energy ties and opening Indias agricultural market are other topics of discussion. U.S. Assistant Trade Representative for South and Central Asia Brendan Lynch is in India for these talks. This is a major step in the direction of deepening the two countries economic relationship. Read More..

B2B Tech News | 1 months ago        

Foxconn Hosts EV Seminar in Japan to Attract Automakers and Suppliers

In order to present its EV vision and draw in Japanese automakers, Foxconn plans to hold an electric vehicle EV symposium in Japan on 9 April 2025. Th

In order to present its EV vision and draw in Japanese automakers, Foxconn plans to hold an electric vehicle EV symposium in Japan on 9 April 2025. This comes after Foxconn signed its first Japanese contract, making a deal with Mitsubishi Motors to produce EVs for Oceania markets. Chief EV Strategy Officer Jun Seki, a former Nissan official, will speak at the event, which aims to improve relationships with suppliers and manufacturers. Foxconns goal to increase its EV manufacturing capacity and adjust to the competitive automotive market is demonstrated by this endeavour. Read More..

B2B Tech News | 1 months ago        

Lula Criticizes Trumps Tariffs, Warns of Inflation Risks in U.S. Economy

Former US President Donald Trumps recent tariffs on Brazilian steel and aluminium have drawn criticism from Brazilian President Luiz Inácio Lula da S

Former US President Donald Trumps recent tariffs on Brazilian steel and aluminium have drawn criticism from Brazilian President Luiz Inácio Lula da Silva, who has warned of possible inflationary implications on the US economy. Lula pledged to contest the levies in the World Trade Organisation WTO and underlined that protectionist policies hurt international trade. In retaliation, he also alluded to raising tariffs on American goods. Trump already announced a 25% tariff on imported vehicles and light trucks, which further escalated trade tensions. This development comes after his pronouncement. Lulas comments demonstrate Brazils resolute opposition to trade restrictions and its dedication to protecting its economic interests internationally. Read More..

B2B Tech News | 1 months ago        

Trumps 25% Auto Tariff Aims to Boost U.S. Manufacturing and Generate $100 Billion

Former U.S. President Donald Trump has placed a 25% tariff on imported autos and auto parts, commencing 3 April 2025. The initiative intends to stimul

Former U.S. President Donald Trump has placed a 25% tariff on imported autos and auto parts, commencing 3 April 2025. The initiative intends to stimulate domestic manufacturing and produce $100 billion yearly. Industry insiders, however, caution against increased car costs, fewer options for consumers, and even disruptions to international supply networks. Cost increases could affect production and sales for automakers that depend on foreign components. Although Trump anticipates that the tariffs will promote the opening of factories in the United States, analysts warn that supply chain reorganisation will take time and that the shortterm difficulties will probably outweigh the shortterm gains. Trumps larger trade agenda to transform American industry and lessen dependency on imports is reflected in this action. Read More..

B2B Tech News | 1 months ago        

Australias Inflation Stabilizes at 2.5% in January 2025

Given that the Consumer Price Index CPI increased by 2.5 per cent in the 12 months ending in January 2025, Australias inflation rate appears to be sta

Given that the Consumer Price Index CPI increased by 2.5 per cent in the 12 months ending in January 2025, Australias inflation rate appears to be stabilising. Housing +2.1%, food and nonalcoholic beverages +3.3%, and alcohol and tobacco +6.4% are the main causes of this increase. However, a notable 11.5% drop in electricity prices helped to counterbalance the overall increase. With both increasing pressures in some areas and relief in others, these numbers point to a balanced inflationary tendency. To inform its choices on monetary policy, the Reserve Bank of Australia is keeping a careful eye on these developments. Read More..

B2B Tech News | 1 months ago        



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