Asia

India’s Factory Dream Faces New Hurdles as US and China Move Closer on Trade

SMGN May 19, 2025

India’s ambition to become the world’s next big manufacturing center faces renewed uncertainty, just as it seemed within reach. A recent trade agreement between Washington and Beijing could undercut New Delhi’s growing momentum and redirect investment away from India and back to China. Last week, U.S. tariffs on Chinese goods

Trade truce opens new chapter, but U.S.-China economic clash remains unresolved

SMGN May 12, 2025

China has joined the negotiation table — but the struggle between Washington and Beijing is far from finished. Throughout this trade war, China’s open defiance in the face of President Donald Trump’s tariffs has become symbolic of its resistance. It even gave rise to viral memes showing Trump impatiently waiting

U.S. and China set for high-level talks in Switzerland amid hopes of easing trade tensions

SMGN May 8, 2025

HONG KONG — U.S. and Chinese officials have confirmed plans to meet in Switzerland later this week, in what observers see as a tentative sign of easing hostilities in the ongoing trade dispute between the two economic powers. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are scheduled

Escalating trade frictions: Indian and Bangladeshi businesses feel the strain amid diplomatic breakdown

SMGN May 2, 2025

Companies in both India and Bangladesh are preparing for a potential economic fallout after both nations implemented retaliatory trade restrictions, following months of sharp verbal exchanges and a noticeable diplomatic chill. The current dispute intensified last month when Bangladesh decided to block the import of cotton yarn from India through

Xi’s real challenge isn’t Trump’s tariffs

SMGN April 30, 2025

Mentioning Donald Trump’s name in the halls of wholesale markets or trade fairs in China often provokes discreet laughter. The U.S. president and his 145% tariffs have not sparked fear among many Chinese merchants. On the contrary, they have triggered a wave of satirical content on social media, with viral

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Expert Tips to Navigate Flight Delays and Cancellations During Crisis

SMGN November 6, 2025

Widespread flight delays and cancellations are impacting major airports nationwide as the government shutdown, now the longest in history, continues to drag on. Air traffic controller shortages have caused issues at numerous airports for more than a month, creating ripple effects across the entire travel network. In response to the

Trump says government shutdown pressures Republicans and suggests ending the filibuster

SMGN November 6, 2025

Former president reflects on election results after record-long shutdown During a meeting with Republican senators, former President Donald Trump said the prolonged federal government shutdown negatively affected recent election results for his party. Trump stated that pollsters identified the shutdown as a major factor influencing voter sentiment against Republicans. “If

U.S. Government Revises SNAP Benefit Cuts, but Millions Still Face Major Reductions

SMGN November 6, 2025

USDA Adjusts Reduction Formula Amid Ongoing Legal and Technical Challenges The U.S. government has revised its plan for the Supplemental Nutrition Assistance Program (SNAP), announcing a smaller reduction in monthly food benefits. According to updated guidance from the Department of Agriculture (USDA), maximum allotments will now be cut by 35%