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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.
US President Donald Trump shakes hands with European Commission President Ursula von der Leyen in Turnberry, Scotland, UK on July 2. Photo: Reuters
European Union

Trump gives EU until July 4 to ratify deal or face tariff hike

US president said he gave EU chief Ursula von der Leyen ‘until our Country’s 250th Birthday’ or tariffs would jump to ‘much higher levels’.

China-EU relations

China-EU investment pact belongs in ‘deep freezer’: outgoing trade chief

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US-China trade war

Trump-Xi summit hides simmering trade tensions under the surface, experts say

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China-Latin America relations

China consul in Tijuana warns against protectionism as USMCA review nears

Fu Xinrong pitched Beijing’s model of shared modernisation to Mexican business leaders, weeks before a contentious USMCA review.

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A top Chinese diplomat has called on Mexico and other USMCA nations to build economic ties based on sovereignty and mutual respect rather than tariff walls. Photo: Shutterstock
Donald Trump

Trump to put 25% tariffs on EU cars, says bloc not complying with trade deal

The status of the pact was first put in doubt after the Supreme Court ruled the president lacked legal authority for his duties on EU goods.

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China-Latin America relations

Beijing backs Cuba, Chile reveals smuggling ring: Latin America relations reads

From a smuggling ring in Chile to rare earth wrangling in Brazil, here are highlights from the SCMP’s foreign correspondents in March 2026.

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Donald Trump

Trump says he’s lifting some tariffs on Scotch whisky after King Charles visit

It was not clear if the US president meant duties on bottles of Scotch or on the materials used to produce the alcohol were being lifted.

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An employee moves a whisky barrel out of the Filling Store at The Glenturret Distillery in Crieff, Scotland, in February 2021. Photo: AFP
China travel

Canada’s push to rebuild ties with China hits a snag: a lack of direct flights

Canada has permitted an ‘incremental increase’ in flights to China, but airlines may be reluctant to add services amid the wars in Ukraine and Iran.

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India

India, New Zealand boost trade diversification with ‘forward-looking’ pact

The deal, part of a move to reduce reliance on major powers, will also strengthen India’s hand in trade negotiations with the US, analysts say.

Canada

Canada PM hits back after Trump team demands ‘entry fee’ before trade talks

Washington is reportedly seeking concessions before agreeing to open negotiations on revising the US trade pact with Canada and Mexico.

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

US firms dash to recover tariffs paid on Chinese imports as refund system starts

Companies scramble on Monday to recover illegally collected tariffs from US government as thousands rush to file claims.

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Companies scramble on to recover illegally collected tariffs from US government. Photo: AFP
China-EU relations

Open Questions | ‘Saying you’re a geopolitical actor doesn’t make it so’: Sven Biscop on Europe

The Belgian political scientist on what the Iran war and the transatlantic collision reveal about Europe’s place in a fast-changing world.

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Canada

Canada’s Carney says economic ties with US have become a ‘weakness’

In a blunt video address, Canada’s prime minister promises regular updates on efforts to diversify away from the US.

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Donald Trump

Russia’s Lavrov says balance of power shifting to emerging economies

At the Antalya Diplomacy Forum in Turkey, Lavrov said the foundations of globalisation powered primarily by the US had ‘come to an end’.

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Russian Foreign Minister Sergei Lavrov speaks during a session at Antalya Diplomacy Forum in Antalya, Turkey on Saturday. Photo: Reuters
Singapore

Singapore balances national interest with rising anti-US sentiment

Negative public sentiment does not immediately translate to worsening bilateral ties as the US remains an important partner, experts say.

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A banner at a protest in Singapore’s Hong Lim Park on Saturday shows past and present US presidents with horns on their heads. Photo: Instagram/sgacadboycott
Donald Trump

King Charles to charm Trump on state visit overshadowed by US-UK rift

The British king’s first US state visit later this month takes on far greater significance amid tensions between Trump and Starmer.

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China-EU relations

Brussels must resist ‘passive’ role in US-China trade war, EU chamber urges

European companies keep becoming ‘collateral damage’ in others’ disputes, laments president of the European Union Chamber of Commerce in China.

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Japan

Japan’s Trump tariff deal faces climate backlash over projects’ 20% carbon surge

Campaigners said the three US projects could generate greenhouse gas emissions equal to about 20 per cent of Japan’s annual total.

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US President Donald Trump met Japan’s economic revitalisation minister Ryosei Akazawa and his delegation in Washington on April 16, 2025. The meeting came as Tokyo sought relief from US tariff pressure. Photo: Reuters
US-China relations

Opinion | A stark clash of world views will overshadow Trump’s visit to China

As Xi and Trump prepare to meet, the divergence between their visions of global order has never been more acute.

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China-Latin America relations

Cattle prices rocket as Brazil set to exhaust Chinese beef quota by May

As Beijing tariff nears, Brazil’s exporters are rapidly reaching their quota for China, forcing South American industry to seek new buyers.

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Donald Trump

Trump’s tariff threat on European cars escalates global trade tensions

The US president said he will impose a 20 per cent tariff on all EU car imports, which could broaden a trade war already sparked with China.

US President Donald Trump. Photo: AFP
Canada

Canada’s Carney on verge of majority after another Conservative MP jumps ship

Marilyn Gladu’s defection means the PM is just one seat short of the majority he says he needs to deal with Trump.

Canada’s Prime Minister Mark Carney speaks in Brampton, Ontario, on Tuesday. Photo: Reuters
US, Israel war on Iran

Trump seeks US$1.5 trillion for defence in new budget request amid Iran war

If enacted, it would set military spending at its highest level in modern history, underscoring the US’ ongoing focus on defence investment.

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China-Latin America relations

Brazil exporters bypass local banks to tap China’s US$1 trillion Sinosure fund

As Brazilian interest rates price out local lenders, Sinosure is quietly reshaping how Chinese goods reach the market.

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China-Canada relations

Canada’s finance minister visits China as both countries seek to bolster ties

Francois-Philippe Champagne’s four-day trip comes close on the heels of Canadian Prime Minister Mark Carney’s visit to Beijing in January.

Canadian Finance Minister Francois-Philippe Champagne. Photo: EPA
2026 Trump-Xi summit

Trump-Xi summit: US trade chief casts doubt on pre-meeting Beijing visit

Trade Representative Jamieson Greer says key Trump officials unlikely to meet Chinese counterparts, in a break from usual practice for talks.

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US Trade Representative Jamieson Greer addresses the media after trade talks with the Chinese delegation in Paris in March. Photo: AFP
War and conflict

Macroscope | Iran war’s ripple effects are just getting started for Asia

From tariffs to supply chain disruption, Asian economies reliant on energy imports find themselves cornered between compounding crises.

US-China trade war

Trump pitches China trade ‘win’ to US farmers ahead of Xi meeting, midterms

Claims come despite farmers remaining unsure if China will meet its 25 million-tonne commitment for 2026, as planting season approaches.

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