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Cold lava and mud landslides leave more than 40 dead in Indonesia

Sky News Monday, 13 May 2024
A deluge of cold lava and mudslides have killed 43 people in Indonesia after monsoon rains triggered flash flooding.
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As Donald Trump hikes tariffs on Chinese goods to an unprecedented 145%, China appears to be outmaneuvering Washington through clever supply chain rerouting. Chinese exports are increasingly flowing through countries like Vietnam, Malaysia, and Indonesia to dodge U.S. tariffs — raising concerns about global trade transparency. Meanwhile, Vietnam records $18.5 billion in net FDI, some of which may be due to this strategic redirection. Trump has vowed more tariff hikes, while Beijing threatens to retaliate, placing ASEAN economies at risk and pushing the global trade system into chaos. #TariffWar #TrumpChina #145PercentTariff #ChinaVietnam #TradeEvasion #USImports #FDIVietnam #GlobalTrade #WTO #TradeTensions #TrumpTariffs #ASEANSupplyChain #China

Credit: Oneindia    Duration: 03:03Published