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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.
President Xi Jinping and Egyptian President Abdel-Fattah el-Sisi wave to the crowd after Xi’s arrival at Cairo International Airport on Tuesday. Photo: Reuters
China trade

What Xi’s tour of Egypt and Central Asia reveals about China’s trade strategy

Presidential tour highlights strategy of shifting manufacturing abroad, shielding domestic exporters from growing global barriers.

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US, Israel war on Iran

Amid war with Iran, Trump muses renaming Hormuz as ‘Trump Strait’

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US-China relations

Xi, Trump and Putin may hold trilateral meeting at next Apec forum, Kremlin says

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Canada

‘Stop trying to be tough’: Carney fires back at Trump in trade fight

Canadian prime minister urges Washington to end online taunts as bitter trade war shakes relations between the historically friendly neighbours.

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Canadian Prime Minister Mark Carney in Ottawa on Tuesday. Photo: The Canadian Press via AP
US-China trade war

In Focus | China, global trading partners watch closely as Trump takes on Canada

Ottawa’s resistance tests the limits of US pressure as countries weigh diversification, leverage and the reliability of Washington deals.

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Canada

Carney’s Liberals win 3 special elections in Canada amid trade clash with US

By-election wins strengthen Canadian leader domestically as he defends against Trump’s tariffs.

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Singapore

Small state, big agenda: Singapore prepares to steer Asean through crisis

The city state takes the helm on Asean’s 60th anniversary amid civil war, tariff threats and rising global tensions.

Singapore’s Lawrence Wong attends an Asean meeting in 2023. Photo: EPA-EFE
Donald Trump

Trump steps up stunts as US midterms loom

From a row with Canada to proposed talks with North Korea’s Kim, is the US president trying to distract voters from his unpopular Iran war?

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Donald Trump

Trump orders Lake Ontario renamed ‘Lake America’ as US-Canada trade war escalates

Canadian leaders dismiss move as ‘foolishness’ and ‘rhetoric’ as US president targets northern neighbour over trade.

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United States

Macroscope | US markets are paying the price for Trump’s reckless policies

From surging debt to trade wars with Canada, self-harm has been the main consequence of Trump’s reckless policy decisions.

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A utilities box covered in Canadian flags sits in front of a steel plant in Hamilton, Ontario, Canada, on August 20. Although Canada’s economy will bear the brunt of a full-blown trade war, the US will suffer, too. Photo: The Canadian Press via AP
United States

Canada hits US goods with tariffs of up to 50% as trade war escalates

Ottawa targets about US$20 billion in US products and unveils billions in assistance after negotiations with Washington collapse.

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Canadian Prime Minister Mark Carney speaks about the trade dispute with the US in Levis, Quebec, on Monday. Photo: AFP
US-China trade war

What does the US-Canada trade dispute mean for China?

After Canada stood firm in negotiations, analysts say that Washington failed to gain ‘veto’ on Ottawa’s trade with other countries.

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United States

Trump eyes renaming Lake Ontario to ‘Lake America’ as Canada trade war deepens

Such a change would be reminiscent of Trump’s unilateral action last year to rename the Gulf of Mexico to the Gulf of America.

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Mexico

Mexico ‘optimistic’ on US trade deal after Canada talks collapse

President Sheinbaum keeps envoy in Washington to lower US tariffs and avert broader USMCA rift.

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Mexican President Claudia Sheinbaum sits between Canadian Prime Minister Mark Carney and US President Donald Trump during a 2025 event in Washington. Photo: AP
United States

Trump threatens 50 per cent tariffs on Canadian cars, trucks amid trade row

The two countries failed to reach ‌a trade deal late on Friday, with each side blaming the other.

Transport trucks cross the Ambassador Bridge into the United States, in Windsor, Ontario, Canada, on Saturday. Photo: The Canadian Press via AP
US-China relations

Opinion | China’s view of Trump’s America has changed from alarm to a shrug

Erratic and transactional, the US leader’s approach exposes domestic governance flaws and the limits of Washington’s containment strategy.

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United States

US warns Canada not to think it can win ‘devastating’ trade war

Bilateral trade talks have broken down as Ottawa says it would retaliate and match US tariffs affecting US$20 billion of Canadian goods.

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Canada

Canada’s Carney rejects Trump’s ‘bait’, confronting US in trade war

The prime minister’s tough stance on Washington draws strong support from the Canadian public and politicians despite the economic risks.

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Canadian Prime Minister Mark Carney speaks at a news conference in Ottawa, Ontario, on Saturday. Photo: AFP/Getty Images/TNS
Canada

Canada’s PM hits back with new US tariffs after trade talks fail

‘We cannot accept what they’ve offered and we will not give what they’ve asked,’ Mark Carney said, accusing Trump of starting a trade war.

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Canada

Canadian premier says ‘erratic’ Trump ‘not to be trusted’ amid trade feud

Calling Trump ‘very weak’, Manitoba leader Kinew told Canadians not to buy US booze even if it returns, as a trade deal inches closer.

China-Latin America relations

Peru vows to apply Hong Kong trade deal, but is silent on mainland China

Prime Minister Luis Galarreta says country aims to become trade and investment bridge between South America and Asia-Pacific.

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Peru’s new government did not mention the Chinese-built Chancay megaport, operated by Cosco Shipping, in its first comprehensive policy programme. Photo: Handout
Canada

Trump delays 50% US tariffs on Canadian imports for 3 days

The US president also said the Keystone XL Pipeline project cancelled by Biden ‘may be awoken from the grave’.

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A truck with vehicles crosses the Blue Water Bridge border from Ontario, Canada, into the US in April 2025. Photo: TNS
China-Latin America relations

US accuses 9 Latin American countries of helping China avoid Trump’s tariffs

More than 40 countries targeted for helping Beijing illegally avoid tariffs by rerouting trade via nations with lower American import duties.

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US-China trade war

Exclusive | US-China ‘Board of Investment’ stalls before expected Trump-Xi meeting

President of US-China Business Council says neither side has ‘initiated consultation process’ or is ready yet for private sector discussions.

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India

Trump’s tariffs plan threatens India’s ‘pharmacy of the world’ status

Analysts warn that steep tariffs on generic medicines will disrupt supply chains, squeeze investment capital from India and raise freight costs.

Employees work inside a pharmaceutical company manufacturing unit on the outskirts of Ahmedabad, India, in April 2025. Photo: Reuters
US-China trade war

US export controls achieving no strategic gain, hurting American firms: survey

US’ export-control licensing regime costs billions in lost exports, with items ‘already available in China’ from variety of other suppliers.

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The US-China Business Council survey found that “poorly calibrated US export controls weaken American companies in China”, conceding market share to foreign competitors. Photo: Shutterstock, orange background added with Shutterstock AI
US-China trade war

China’s retaliation against US shows depth of its trade war strategy: analysts

Beijing’s latest export controls and sanctions against American companies show its ‘countermeasures framework and toolkit have come of age’.

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China-Latin America relations

Brazil to become regular borrower in China, treasury official says

Brasilia cannot guarantee debut will happen this year, but wants it repeated to give companies a yuan benchmark to aim for.

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