Latest: Asia Transportation News

The Modi government has said its will slash its tariff gap with the US to less than 4% from nearly 13% – in a bid to be exempt from Trump's tariff hikes, sources have revealed

Second quarter steel shipments are expected to plunge by about 20-30% after the US imposed a 25% tariff in March and other countries involved in trans-shipment followed suit

China's most successful carmaker is eyeing major growth from plants it is building in Europe and South America, and hopes to have half its sales overseas by 2030

Japan says tariffs imposed on autos, steel and aluminium cannot be excluded from trade talks, because the auto sector is a core national industry

With the tariff exemption – and trade loophole – for small parcels ending on May 2, some foreign retailers are giving up on seeking sales in the US

Officials at the Ports of Los Angeles and Long Beach expect a plunge in cargo from Asia that could last well into the second half, if not longer

Central bank cuts key interest rate again, while Moody's ratings agency downgrades Thailand's outlook to negative based on impacts expected from US tariffs