Trade War

The U.S. is intensifying trade negotiations with China and Japan to ease ongoing tariff disputes affecting critical industries. President Trump confirmed China will resume rare earth mineral exports to the U.S., a vital step for sectors like electric vehicles and defense. Meanwhile, Japan seeks relief from steep tariffs on autos and metals before new duties take effect. Key meetings in London and the upcoming G7 Summit will shape the future of these trade relationships.

President Trump has intensified trade tensions by threatening a 50% tariff on EU goods and a 25% levy on all foreign-made smartphones, including Apple and Samsung devices. Citing unfair treatment of U.S. companies, Trump dismissed ongoing negotiations and warned that tariffs could take effect by June 1. The announcements rattled markets, drew criticism from European leaders, and raised fears of a broader trade war with significant economic consequences.

The US and China have agreed to temporarily cut tariffs, easing tensions and paving the way for further trade negotiations.

The US-China trade war intensifies in 2025 with record tariffs and economic fallout. Geneva talks aim to ease tensions, but a full resolution remains distant.

US tariffs have triggered a sharp decline in Southeast Asia’s chip and solar exports. Discover how regional economies are adapting amid a shifting global trade landscape.

Asian manufacturing giants like Hyundai, TSMC, and Chinese firms adopt bold strategies to cut costs and diversify amid rising trade war tariffs.

The U.S.–China trade war escalates in 2025 with higher tariffs and economic retaliation, disrupting global markets and supply chains. Stay updated on key developments and impacts on Asia.