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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.
The Trump administration filed an appeal on Friday after the latest legal setback to the US president’s signature tariff policy. Photo: Shutterstock
US-China trade war

Trump appeals latest court loss on tariffs as chaos and uncertainty amp up

Trump administration on Friday appealed court ruling that 10 per cent global tariff imposed in February was not justified by 1970s trade law.

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China-Latin America relations

Lula won’t sideline China on rare earths, tells Trump refining stays in Brazil

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European Union

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

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China-EU relations

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

Sabine Weyand says the 2020 agreement with China is obsolete as Brussels weighs action on ‘macroeconomic imbalances’.

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The volume of Chinese-made vehicles heading to Europe lies at the heart of EU concerns over industrial overcapacity. Photo: Xinhua
US-China trade war

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

Despite declarations of cooperation, friendship and respect from both sides, major trade conflict is brewing between the two superpowers.

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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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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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A car passes through the European district in Brussels, Belgium, in April. Photo: EPA
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.

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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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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An Air Canada Boeing 787 aircraft passes by rows of cherry trees as it approaches Vancouver International Airport. Photo: AP
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.

Indian Commerce Minister Piyush Goyal presents a silver cow and calf statue to New Zealand Trade Minister Todd McClay after they signed a free-trade agreement in New Delhi on Monday. Photo: AP
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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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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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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Illustration: Lau Ka-kuen
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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Canada’s Prime Minister Mark Carney. Photo: The Canadian Press via AP
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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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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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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Britain’s King Charles hosted US President Donald Trump for a lavish state visit in September. Photo: Reuters
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-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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Illustration: Craig Stephens
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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People shop for beef at a supermarket in Fuzhou, Fujian province, China. Brazil’s beef exporters are rapidly filling their quota for China, leaving them now seeking new buyers. Photo: China News Service/VCG via Getty Images
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.

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.

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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US President Donald Trump announces the US Navy’s “Golden Fleet” battleship programme at Mar-a-Lago in Palm Beach, Florida, in December 2025. Photo: AFP/Getty Images/TNS
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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Brazilian importers buying from China are turning to the state-owned Chinese credit insurer, Sinosure, to sustain trade flows that reached US$158 billion in 2024. Photo: Shutterstock
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.

2026 Xi-Trump 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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