South 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.
188 Articles
188 Articles
China, Japan, South Korea unite to counter Trump’s ‘liberation day’ tariffs
BEIJING, April 1 — China, Japan and South Korea agreed to jointly respond to U.S. tariffs, a social media account affiliated with Chinese state broadcaster CCTV said yesterday. The comments came after the three countries held their first economic dialogue in five years on Sunday, seeking to facilitate regional trade as the Asian export powers brace against U.S. President Donald Trump’s tariffs. Japan and South Korea are seeking to import semicon…
China-Japan-South Korea collaboration offers stabilizing force amid anti-globalization headwinds
In light of recent US threats to impose high tariffs on key industries such as imported cars and its disruption of global supply chains, China, Japan and South Korea - crucial manufacturing hubs in East Asia - share a common interest in strengthening supply chain cooperation and establishing a unified large market.
China, Japan, South Korea unite against US tariffs, eye free trade pact: Report
China, Japan, and South Korea have decided to team up against US tariffs. After their first economic talks in five years, the three countries aim to boost trade, strengthen supply chains, and explore a free trade agreement.
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