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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.
A Leapmotor facility in Jinhua, China. Photo: AFP
Electric & new energy vehicles

Exclusive | Stellantis, Leapmotor near decision on European production

Leapmotor says production costs likely to rise by 10 per cent compared with former Poland plant, but has no plans to raise prices.

Vietnam

Will Trump Tower rise in Ho Chi Minh City amid US-Vietnam tariff tensions?

Diplomacy

Opinion | By eroding US soft power, Trump is ceding the contest to China

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Canada

Canada has ‘nearly zero’ tariffs on US goods? Not true, finance minister says

Francois-Philippe Champagne said 70 per cent of March’s counter-tariffs were still being enforced, despite pause on certain categories.

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Francois-Philippe Champagne arrives to be sworn in as Minister of Finance and National Revenue on Tuesday. Photo: Reuters
Donald Trump

Trump says China and Walmart should ‘eat the tariffs’, not raise prices

The US president lashed out at the retail giant after it warned that everything from bananas to child car seats could get more expensive.

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United States

Macroscope | No, stock markets are not a barometer of the world’s economic health

Markets have largely returned to calm after the US-China trade truce but all is not as it seems.

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Donald Trump

Asian Angle | Seeking the silver lining in Trump’s tariff turmoil

Trump’s tariffs could encourage governments to confront entrenched vested interests, but success requires a genuine commitment to reform.

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US President Donald Trump announces his new tariff regime on April 2. Photo: AP
India

Trump says India willing to lift all tariffs for US, but he’s in ‘no rush’

The US president also said that he is not planning to ‘make deals with everybody’.

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US-China relations

Foreign degree? Think again, say Chinese parents as change of heart shifts focus

Middle-class parents in China long viewed overseas diplomas as the best path to success, so what has changed? And why are overseas students in an ‘increasingly awkward position’?

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US-China relations

Outside In | China’s message on trade deals is clear: multilateral is the only way

The choice of the Swiss city of Geneva for US-China negotiations was telling, and the breakthroughs achieved are only the start of a long process.

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US Secretary of the Treasury Scott Bessent speaks to Chinese Vice-Premier He Lifeng in Geneva, Switzerland, on May 10. Photo: Handout via Reuters
China-EU relations

Europe warned to change fast or become a ‘shock absorber’ of US-China trade war

Continent’s outlook is bleak despite reduced Sino-American tensions as it needs to adapt quickly amid Washington’s efforts, analysts say.

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European governments view the US-China tariff deal as possibly buying them time on what is anticipated to be a wave of diverted Chinese exports to EU ports. Photo: AP
United States

Opinion | Thanks to Trump, we now have a profound appreciation of supply chains

The US president’s tariffs revealed the fragility of the global trading system, highlighting the costs of disrupting intricate supply chains.

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Singapore

Singapore Airlines to pay staff over 7 months’ bonus, flags tariff risk

The carrier’s cautious outlook emerged despite full-year profit beating estimates.

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Apple

Trump says he told Apple CEO: ‘I don’t want you building in India’

The comments throw a wrench into Apple’s plan to import most of the iPhones it sells in the US from India rather than China.

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US President Donald Trump gestures during a business roundtable in Doha, Qatar, on Thursday. Photo: AP
Smartphones

US smartphone shipments jumped 30% in March on tariff anticipation

Manufacturers such as Apple and Samsung increased shipments ahead of US announcement of new tariffs.

iPhones are on display at the Apple Park Visitor Centre in Cupertino, California. Photo: EPA-EFE
Japan

Japan ‘alarmed’ by US-UK trade deal as pressure on key industries grows

Washington is retaining the 10 per cent baseline tariff on UK imports, whereas Japan is aiming for zero levy for its exports to the US.

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India

India’s surprise tariff move on US goods suggests tougher stance on trade talks

Delhi’s WTO complaint on US steel and aluminium tariffs highlights India’s aim to protect its trade interests without direct retaliation, observers said.

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United States

Opinion | Britain has capitulated to Trump’s coercive trade. Others must resist

The EU, Japan, China and other powers need to draw a line. To concede is to legitimise a coercive trading model where strength trumps fairness.

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US President Donald Trump greets British Prime Minister Keir Starmer at the entrance to the West Wing of the White House in Washington, on February 27. Photo: AFP
Canada

Canada’s Carney forms new cabinet to reshape ties with US

The PM says his government will relentlessly protect the nation’s sovereignty amid annexation threats from Trump.

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United States

US tourism ‘losing out’ on US$12.5 billion as global visitor numbers dwindle

Out of 184 global economies analysed, the US is the only one projected to lose tourism dollars this year.

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US-China trade war

Times have changed: US-China talks show Beijing learned how to deal with Trump

Analysts say China has emerged as the ‘only credible global counterweight to Washington’, wielding the ability to walk away as US alienates partners.

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US President Donald Trump speaks at the White House on Monday. Photo: EPA-EFE
US-China trade war

Opinion | Trump faces a strategic dilemma in trade deal negotiations

The more Trump pushes for quick wins, the more other nations see that they might benefit from resisting, even as the US economy feels the pinch.

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Illustration: Craig Stephens
United States

Opinion | Mar-a-Lago Accord a high-stakes gamble on world’s trust in US dollar

A scheme to devalue the dollar proposed by one of the US president’s economic advisers should alarm both Americans and the wider world.

Vietnam

From Prada to Lego, Vietnam cracks down on fakes after US tariff threat

Documents reveal a finance ministry directive targeting fake Gucci bags, Samsung devices and Lego bricks as Hanoi tries to appease Washington.

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Japan

Will South Korea’s presidential election lead to warmer ties with Japan?

Democratic front runner Lee Jae-myung has hinted at closer trade links, but Tokyo remembers past anti-Japan stances.

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Lee Jae-myung (left), presidential election candidate of South Korea’s Democratic Party, at a campaign event in Seoul on Monday. Photo: AFP
Mexico

Mexico says US suspension of beef imports because of screwworm is unfair

The United States has halted cattle imports from Mexico over a flesh-eating fly.

Mexico exported just over one million head of cattle to the United States last year. File photo: Reuters
US-China relations

Trump says he may speak to Xi Jinping this week following tariff agreement

‘Total reset’ in bilateral relations achieved, he adds, after weekend talks in Switzerland yield agreed reduction in tariffs for 90 days.

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United States

On Balance | How Trump’s erratic tariffs could crash his US car production goals

While levies may prompt some foreign carmakers to start scaling up US-based production, many see a market plagued by uncertainty and risk.

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