China, Trump and tariffs
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CNN |
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.
Time |
President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%.
CNN |
Beijing rebuffed Trump’s warning not to retaliate against an earlier 34% tariff on top of a first round of duties — warning that it was ready to fight to “the end.”
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Regtechtimes on MSN3 Asian Giants Japan, China and South Korea Unite Against US Tariffs, Pursue Bold Free Trade PactIn a significant move to counter increasing trade pressures from the United States, China, Japan, and South Korea have decided to unite against rising tariffs imposed by the US. These three major Asian economies held their first economic discussions in five years,
Tokyo and Seoul face both mounting Chinese pressure at sea and renewed questions over U.S. security commitments.
China vowed on Monday it would maintain “stable” relations with neighbor South Korea, after Seoul’s Constitutional Court formally removed ex-president Yoon Suk Yeol from office.
Donald Trump's aggressive "America First" tariff policies are reshaping international relations, pushing key U.S.
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Korea JoongAng Daily on MSNApparent thaw in North Korea-China ties could signal alliance recalibrationChinese personnel returned to North Korea last month for the first time since the Covid-19 pandemic, as Pyongyang appears to be rekindling ties with Beijing after a period of closer alignment with Russia.