China, Trump and Asia
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The latest measures follow an earlier 25% tariff on steel and aluminum, imposed last month, which will hit South Korea hard as the fourth-largest exporter of steel to the US.
From CNN
Beijing responded with additional tariffs on U.S. imports, raising the total levy to 84% set to take effect within hours.
From USA Today
Chinese exporters scrambled to respond to crushing US tariffs by hiking prices, cancelling shipments and rerouting goods to other countries, as the world’s two biggest economies brace for economic div...
From The Financial Times
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The potential end of the Ukraine War may allow the U.S. to prioritize the region as it is arguably one of the world’s most important crisis zones.
China staged military drills off Taiwan’s north, south and east coasts on Tuesday as a “stern warning” against separatism and called Taiwanese President Lai Ching-te a
Three Japanese companies have postponed the sale of 100 billion yen ($678.43 million) worth of yen-denominated bonds in the wake of global financial market volatility induced by U.S. tariff announcements,
East Asia (Japan and China included) has the leverage to make a difference to global outcomes if it can move swiftly on both these fronts. The EAF Editorial Board is located in the Crawford School of Public Policy, College of Law, Policy and Governance ...
6don MSN
All major powers—the U.S., China, Japan, the European Union, and India—saw an increase in trust from Southeast Asia this year. Of these, Japan remains the most trusted, and its trust level increased from 58.9% to 66.8%. The E.U. overtook the U.S. for second most trusted, while the U.S., China and India followed in that order.
Seoul, Beijing and Tokyo are major U.S. trading partners, although they have been at loggerheads among themselves over issues, including territorial disputes.
A staggering $1.9 trillion in extra industrial lending is fueling a continued flood of exports that could be spread even wider across the world by the Trump tariffs.
Vietnam cut import duties on Monday while other governments like Japan and Australia have tried negotiating with Washington.
Asian currencies were mixed against the U.S. dollar in the early session as traders digest President Trump’s tariff announcements overnight.