US EditionSouth Korea, China, Japan agree to promote regional trade as Trump tariffs loom
- South Korea, China, and Japan agreed to promote regional trade by speeding up negotiations for a comprehensive trilateral free-trade agreement.
- The three countries called for creating "a predictable trade and investment environment" in response to Trump's planned 25% import tariffs on cars and auto parts, which may hurt Asian automakers.
- Chinese official Wang Liping stated that "unilateralism and protectionism are spreading", and the three nations must safeguard the multilateral trading system, accounting for 24% of the global economy.
213 Articles
213 Articles
The aggressive US customs policy is bringing Japan, South Korea and China closer together. A new free trade agreement was discussed in Seoul this week.
After meetings between Japan, South Korea and China, Beijing is talking about a new relationship of strength. Closer cooperation is supposed to cushion Trump's tariffs. Only: The engrossed countries seem to know nothing about it.
Donald Trump probably wants to announce more tariffs today. In response to US tariffs, Canada and Germany are promoting more free trade. China, Japan and South Korea are also moving.
Foreign Policy
energynewsbeat.coChina Looks to Neighbors as Trump Tariffs Loom
Beijing, Seoul, and Tokyo have agreed to cooperate more closely on free trade.
Trump tariff fallout: U.S.’ closest allies Japan & South Korea woo China | Will more follow suit?
U.S. President Donald Trump’s tariff war just triggered an unexpected alliance—China, Japan, and South Korea are joining forces. Is the U.S. pushing its closest allies straight into China’s arms? As April 2nd—Trump’s so-called ‘Liberation Day’—approaches, global markets are in freefall, and gold is hitting record highs. But who really wins and loses in this battle? Japan and South Korea have long relied on U.S. trade, but now they’re cutting dea…
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