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US-ally trade wars

US-ally trade wars
The latest news, analysis and opinion on US-ally trade wars. In-depth analysis, industry insights and expert opinion.
Leaders from the US, Japan, India and Australia meet at a Quadrilateral summit in Delaware last year. Photo: AFP
Donald Trump

Trump’s Quad allies in Asia fret over tariffs as China factor complicates ties

Even as Japan, India, and Australia face US tariffs, they are also being pressured by Washington to rebalance their ties with China.

Singapore

Singapore negotiates US chips access, seeks pharmaceutical tariff concessions

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US-China trade war

Open Questions | Why Scott Kennedy thinks the US-China trade war is ‘far from the endgame’

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Diplomacy

Opinion | As Trump rides roughshod over trade, China is ready to pick up the pieces

China’s message of stable cooperation is resonating as Trump accelerates the birth of a post-US world with rising powers independent of US whims.

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Illustration: Craig Stephens
Donald Trump

Trump floats new income tax cut in bid to ease bite of tariffs

US president suggested income tax be reduced – ‘maybe even completely eliminated’ – for people making less than US$200,000 a year.

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Australia

Australia’s Albanese says he trusts Trump on US defence ties

Prime Minister Anthony Albanese says he trusts Trump to have Australia’s back on security despite their ‘different values’ on trade.

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Canada

Canada’s leaders make final pitches in campaign disrupted by Trump

Trump’s threats to annex Canada has led to a surge in nationalism and support for the incumbent Liberals in the final days of the campaign.

Canadian Prime Minister and Liberal leader Mark Carney during a campaign rally in London, Ontario, on Friday. Photo: AFP
US-China relations

Opinion | In the face of trade bullying, appeasement is not an option

Only firm opposition from a united international community will convince the US to change its current course of action.

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Asean

Asian Angle | How Asean can turn short-term tariff pain into long-term gain

Intra-bloc trade and diversified supply sources can help reduce dependency on Donald Trump’s United States and expand export options.

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US-China trade war

Opinion | Time for China to align with nations like it’s 1955

The need to unite for fairer international relations has not dissipated. The spirit of the Bandung Conference is a credible counter to ‘America first’.

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A tourist takes notes at the Museum of the Asian-African Conference in Bandung, Java on April 19, during the 70th anniversary of the Bandung Conference. Photo: AFP
US-China trade war

Trump opened Pandora’s box on ‘Liberation Day’. Can it ever be closed again?

Near the end of his first 100 days, Trump’s tariffs have put the global economy in disarray – does it matter if he is having second thoughts?

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Asean

Opinion | Asean must see US tariff pause for what it is – a trade hostage crisis

By pausing tariffs instead of repealing them, Trump creates the illusion of flexibility while retaining coercive leverage.

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Banking & finance

Macroscope | A world economy on the brink could use some win-win cooperation

With a global financial crisis looming, governments are left with few options beyond bracing for what’s to come and working together.

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The Philippines

Philippines urged to ‘strategically’ work with China amid US tariff tensions

It follows a call from a Chinese envoy for the Philippines and fellow Asean members to be united in safeguarding free trade.

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Containers and cranes in Manila on April 8. US President Donald Trump kicked off a potentially ruinous global trade war earlier this month with harsh levies on trading partners. Photo: AFP
US-China relations

Brics countries eye mechanism to help global economy: Brazilian official

Plan would follow World Bank agency’s guarantee model and help developing nations lure foreign direct investment amid Trump’s US tariffs.

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Brazilian President Luiz Inacio Lula da Silva (at centre microphone) speaks during a Brics meeting in Brasília in February. The South American country holds the bloc’s rotating presidency in 2025. Photo: dpa
Banking & finance

Opinion | Trump wants a great monetary reset. Where can the world hide?

As the US tries to reset the dollar-dominated monetary order, those seeking safety should consider a historical alternative to the dollar.

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US-China trade war

Opinion | At the rate Trump’s going, a global recession will be hard to sidestep

The fracturing of global trade, coupled with the US president’s attacks on the Federal Reserve, doesn’t bode well for the world.

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South Korea

South Korea, US aim for ‘July package’ to resolve tariff disputes

Seoul has offered to partner with Washington in shipbuilding and energy, and says it aims to address their bilateral trade imbalance.

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(From left) South Korea’s Trade Minister Ahn Duk-geun and Finance Minister Choi Sang-mok meet US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer ahead of their trade talks in Washington on Thursday. Photo: EPA-EFE
Malaysia

Malaysia vows to buy more US goods in break from united Asean front on tariffs

Malaysia is looking for ways to reduce its US$25 billion trade surplus with the US in a bid to ease the pain of a proposed 24 per cent levy.

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Japan

Japan aims to avoid buckling under US pressure to join anti-China trade bloc

Tokyo to prioritise its own economic ties with Beijing as it persuades the neighbour to resume imports of seafood from Japan.

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US-China trade war

While in China, Swiss envoy calls for ‘coalition’ to meet US tariff challenge

The official discussed with Foreign Minister Wang Yi ways for countries to support a ‘multilateral world’, from which Washington was ‘disengaging’.

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Chinese Foreign Minister Wang Yi meets Swiss Federal Councillor and Foreign Minister Ignazio Cassis in Beijing on Thursday. Photo: EPA
South Korea

South Korea and US aim for deal to lift Trump tariffs by July, Seoul says

US Treasury chief Scott Bessent says talks are ‘moving faster than I thought’, and technical terms could be discussed as early as next week.

Cars for export are parked at a port in Pyeongtaek, South Korea, on Thursday. The country’s vehicle industry is facing the greatest impact from new US tariffs. Photo: AP
US-China trade war

Sky-high US tariffs to hit Boeing, Chinese airliners and China’s home-grown jets

As the trade war fallout continues to spread, full domestic sourcing of parts for China-made planes ‘is unlikely to happen before 2035’, analyst says.

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The Philippines

Despite Trump’s tariffs, Philippines ‘strategically positioned to benefit’

The study found that low tariffs and exemptions may boost trade opportunities despite the Philippines’ infrastructure challenges.

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US-China relations

Letters | Hopes for US-China cooperation rest on true understanding

Readers discuss the lack of understanding of Chinese aspirations in the West, how Trump’s trade war could backfire, and Hong Kong’s US dollar peg.

People riding bicycles and electric mopeds wait at a crossroad in the central business district of Beijing on April 10. Photo: EPA-EFE
Semiconductors

Nvidia supplier SK Hynix’s profit soars on AI demand boost

It marks the company’s second-highest quarterly performance and comes on the heels of record revenue and profit in the prior quarter.

A logo of SK Hynix is seen at the Korea Electronics Show in Seoul, South Korea. Photo: AP
Malaysia

Made in Malaysia? Sellers get brazen offers to dodge tariffs on Chinese goods

Logistics firms tempt online merchants with illegal undervaluation schemes via social media.

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Donald Trump

Days to Canada election, Trump says country would cease to exist if not for US

The US president’s threats to its neighbour’s economy and sovereignty are on voters’ minds going into the polls.

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