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Newsweek Asia![]() |
It comes as a fourth round of Iran nuclear talks was delayed.
According to a recent report, carriers are canceling shipments en masse as a result of the increasingly high import taxes.
The U.S. and Japan have started holding trade talks following President Donald Trump's announcement and cancellation of reciprocal tariffs.
President Donald Trump's sweeping global tariffs may lead more countries to turn to China, several experts told Newsweek.
Global markets are tense as investors await President Donald Trump's much-anticipated "Liberation Day" tariff announcement.