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High Drama and Big Impact: Trump’s Bold Tariff Plans and What to Expect

Expect significant new tariffs on Chinese imports and moderate levies on goods from other nations , as President-elect Donald Trump rolls out his protectionist agenda. However, with his preference for chaotic policymaking and sudden shifts , there’s uncertainty on how soon these import taxes will actually hit. Dubbed “ Tariff Man ,” Trump aims to use tariffs both strategically and tactically . He’s mentioned taxing all Chinese goods up to 60% and potentially setting 10%-20% tariffs on imports globally , but details on these plans remain vague . Key players within Trump’s team are divided: Robert Lighthizer , a staunch tariff advocate, sees permanent duties as crucial to balance US trade , while others, like billionaires John Paulson and Scott Bessent , view tariffs as temporary leverage. Trump’s previous administration had mixed feelings, especially on national security-related trade limits , which he sometimes dismissed, favoring an “open for business” approach. High-profile busin
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India's Adani Group Considers Investing in Vietnam's Airports

 

India's Adani Group is exploring potential investments in two major airports in Vietnam, as announced by the Vietnamese government on Wednesday. This development follows the company's recent approval to construct a seaport in the country.

The announcement came after a meeting in Delhi between Vietnamese Prime Minister Pham Minh Chinh and Gautam Adani, the head of the Adani Group, during Chinh's official visit to India.

Potential Investment Targets

  • Long Thanh Airport: Located in the southern region of Vietnam, this is one of the country's most significant aviation projects.
  • Chu Lai Airport: Situated in the central region, it serves as another critical infrastructure hub.

Previous Commitments and Future Prospects

  • Seaport and Renewable Energy: Last year, Karan Adani, Gautam Adani's elder son, announced plans to invest up to US$3 billion in Vietnam's seaport and renewable energy sectors. He also mentioned that the total investment could potentially reach US$10 billion over the longer term.

Key Points

  • The Vietnamese government statement did not specify the investment amount or the time frame for the airport projects.
  • The move underscores Adani Group's strategy to strengthen cooperation with Vietnamese partners in aviation and logistics sectors.

This potential investment marks a significant step in Adani Group's expansion in Southeast Asia, aligning with Vietnam's infrastructure development goals.

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