South Korea, China and Japan
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China, Japan and South Korea agreed to jointly respond to U.S. tariffs, a social media account affiliated with Chinese state media said on Monday, an assertion Seoul called "somewhat exaggerated", wh...
From Reuters
China is seeking common cause with jilted partners of the United States as it tries to extend its influence and take center stage in a new trade order — rebuilt without Washington.
From The Washington Post
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With a snap election looming, South Korea's rival parties jockeyed for position with vows to focus on the economy and livelihood, but the leaderless country remains hamstrung when it comes to confronting the biggest threat: Trump and tariffs.
South Koreas acting President Han Duck-soo has ordered emergency support measures for industries affected by sweeping new U.S. tariffs, including a 25% tariff on Korean automobile exports. The move follows President
April 2, 2025: Trump's Tariff' Liberation Day": Trump announces sweeping tariffs on almost all countries at half the rate the administration claims they charge the U.S. Some Senate Republicans join Democrats in a vote to invalidate Trump's tariffs on Canada.
A 10 percent tariff will apply to all countries, but trading partners like China, Japan and Europe will face rates two and three times as high.
The Trump administration slapped a 24% tariff on Japan, which follows a 25% tariff placed on all imported automobiles. Japan’s biggest export to the United States is vehicles, and the additional tariffs could place a major economic strain on one of the U.S.’s biggest allies.
U.S. trading partners reacted from a range of relief to anger after President Donald Trump imposed tariffs on trading partners.