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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 his US counterpart Donald Trump were expected to meet again at the end of this month but the trip has been delayed. Photo: TNS
2026 Trump-Xi summit

Exclusive | What are the real reasons behind the change of date for Trump’s China visit?

After confirmation that the high-stakes Xi-Trump summit will be delayed, analysts find a complex story beneath the official surface.

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Asean

Opinion | Tariffs grab headlines, but non-tariff barriers decide winners in Asean

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Malaysia

Fate of US-Malaysia trade pact rests on Washington’s next move

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US-China relations

Beijing on Iran war, Trump trade plan, new AI arena: 7 US-China relations reads

From a new US maritime strategy to the Iran crisis, here are highlights from SCMP’s overseas correspondents in the first half of March 2026.

Plumes of smoke rise over Tehran, Iran, on March 1. Photo: Mowj/Middle East Images/AFP via Getty Images/TNS
Malaysia

Deal or no deal? Malaysia-US trade pact in turmoil after minister ‘misspeaks’

First, a minister called the deal dead. Then his ministry backtracked. Now the opposition is demanding answers.

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Asean

Can Asean break free from US-China supply chain grip?

The bloc will look for new markets and deepen regional cooperation to reduce trade uncertainty, economic ministers say.

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US-China trade war

China and US trade talks off to a low-key start after first meeting in Paris

Discussions expected to focus on trade, investment and rare earths ahead of crucial Xi-Trump summit later this month in Beijing.

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The Chinese delegation arrives in Paris for trade talks with the United States on Sunday. The first meeting between the world’s two biggest economies proved to be a low-key affair. Photo: EPA
China-EU relations

Tariffs and distrust: EU’s bid to ditch China hits capacity problems

‘Thinly spread’ bloc seeks this week to thrash out memorandum on critical minerals with the US, eyeing a more formal instrument down the road.

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Vietnam

Vietnam records world-highest trade surplus with US, surpassing Mexico, China

Vietnam’s exports to the US rose 53 per cent to exceed US$20 billion in January from a year earlier, official data ‌shows.

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US-China trade war

Trump’s tariff investigation ‘bluff’ will not work on China, analysts warn

Beijing has grown wise to the US president’s ‘art of the deal’ tactics and will not be fazed by the new Section 301 investigations, analysts say.

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US President Donald Trump, left, talks to Chinese President Xi Jinping as they shake hands after their talks in South Korea in October. Photo: TNS
United States

US launches trade probe into China and EU in bid to revive Trump tariffs

The Section 301 investigations could lead to another set of import taxes to replace those struck down by the Supreme Court.

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US President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in April 2025. Photo: Reuters
India

India’s 30-day Russian oil waiver comes with a steep US price tag

Washington has granted New Delhi a brief waiver for stranded Russian crude – but expects it to ramp up American oil purchases in return.

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China-EU relations

Get realpolitik? Von der Leyen questions Europe’s faith in rules-based order

The EU must become more realistic and interest-driven to keep up with the new world order, bloc chief says.

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Indonesia

Indonesia’s US trade deal faces a sovereignty reckoning at home

Nearly 80 civil groups and 65 academics have signed a petition urging parliament to block ratification of the ‘shameful’ deal.

Indonesia’s President Prabowo Subianto (left) and US President Donald Trump at a summit in Egypt last year. Photo: AFP
United States

US tariff refund system to be ready in 45 days, after Trump duties struck down

The US customs agency is trying to hammer out a process for returning US$166 billion in tariff ‌payments to around 330,000 importers.

A US flies in front of shipping containers at the Port o Los Angeles in June 2025. Photo: TNS
Donald Trump

Trump’s 15% global tariffs likely to start this week, US Treasury chief says

US president imposed a 10 per cent levy after the Supreme Court invalidated his previous measures, then threatened to raise it further.

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US, Israel war on Iran

Global stock sell-off slams Wall Street as oil prices leap on Iran war woes

The Dow ended down 403 points, after plunging over 1,200 earlier in the day.

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Donald Trump

US appeal court denies Trump bid to delay tariff refund lawsuits

The tariffs, which had been ruled illegal by the high court, had generated more than US$130 billion for the US government as of late 2025.

US President Donald Trump at the White House in Washington on Monday. Photo: Reuters
US-China relations

Editorial | China now holds more cards ahead of Xi-Trump meeting

US Supreme Court reversal of Trump’s tariffs leaves China with lower tariffs and US deals with allies in doubt.

Japan

Macroscope | Why Japan should push back on Trump’s investment demands

Trump’s use of tariff threats to strong-arm foreign governments, companies and investors into funding US projects should be resisted.

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United States

US seeks delay on tariff refund court hearing, faces above 2,000 lawsuits

Lawyers for companies seeking tariff refunds have been pushing the courts to speed up the process.

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Several US Supreme Court Justices look on as US President Donald Trump delivers the State of the Union address in the US Capitol in Washington on Tuesday. Photo: TNS
Vietnam

Opinion | Southeast Asia, do not mistake Trump’s tariff defeat for a reprieve

One court loss won’t end the trade wars. But if ‘Peak Trump’ has arrived, the region’s negotiating hand may have just got stronger.

Vietnamese workers stitch apparel at a garment factory in Thai Nguyen province on July 2, 2025. Photo: AFP
Taiwan

As I see it | Taipei must break free of its abusive relationship with Washington

US President Donald Trump’s tariff blitz is not Taiwan’s fault, but the self-ruled island must come to see that Washington is unreliable.

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US-China trade war

After Trump’s tariff setback, will US firms rush to stockpile Chinese goods?

Front-loading expected but not at levels seen ahead of last year’s sweeping “Liberation Day” duties, analysts say.

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India

India in limbo over Russian oil imports as talks with US on trade deal continues

Washington has previously tied lower tariffs on Indian exports to the US to New Delhi’s commitment to curb its purchases of Russian oil.

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Tanks belonging to Transneft, a Russian state-owned company that operates the country’s oil pipelines, at an oil terminal in Ust-Luga. Photo: dpa
Los Angeles protests

Canada cannot replace US with China, Carney’s Conservative rival says

Pierre Poilievre outlined his vision for Canada’s relationship with the US after the prime minister’s recent outreach to Beijing.

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Canadian Conservative leader Pierre Poilievre on Thursday. Photo: The Canadian Press via AP
China-EU relations

China-EU trade ties are at a crossroads. Could tech bridge the divide?

A hostile Washington is creating openings for a reset – but deep-seated issues remain, analyst says.

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US-China trade war

US to keep China tariffs steady ahead of key Trump-Xi meeting: Greer

Trade envoy confirms levies on Chinese goods to remain within range of 35 per cent to 50 per cent depending on the product as tensions ease.

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