China threatens retaliation
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"You have a situation with TikTok where China will probably say: 'We'll approve a deal, but will you do something on the tariffs?'"
From USA TODAY
U.S. President Donald Trump disrupted a global trading system that had been in place for over 75 years by introducing a new baseline 10% U.S. tariff on goods from all economies.
From Reuters
The countries with the world’s biggest economies reacted swiftly on Thursday to President Trump’s latest round of tariffs, warning that the levies were risking an all-out trade war that could upend t...
From The New York Times
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China concludes 2-day war games around Taiwan
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China's military concluded two-day war games around Taiwan in which it held long-range, live-fire drills in the East China Sea, marking an escalation of exercises around the island.
From USA Today
"The UK reaffirms our clear interest in peace and stability in the Taiwan Strait, which is of critical importance to global prosperity, and our support for a free and open Indo-Pacific."
From Reuters
Taiwan's government denounced the drills and called China a "troublemaker". The exercises also drew concern from the United States, Japan, European Union and Britain.
From Reuters
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By Ellen Zhang and Casey Hall DONGGUAN, China (Reuters) -Chinese outdoor furniture maker Jin Chaofeng set up a factory in Vietnam last July to escape higher U.S. tariffs. Now he is looking to close it,
Marketing platform AppLovin said on Thursday it has submitted a bid for TikTok assets outside of China, ahead of the April 5 deadline set by U.S. President Donald Trump to find a non-Chinese buyer for the short video app used by 170 million Americans.
Fitch Ratings cut China's credit rating, citing "rapidly rising public debt" in the world's second-biggest economy. Fitch said this week's increase in U.S. tariffs wasn't the trigger, but cited "uncertainty about their impact.
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As Trump's tariffs push Chinese businesses to seek new markets, one expert says the trade war is likely to get worse before it gets better.
Punishing tariffs on Vietnam, Cambodia, Thailand and others in the region threaten their position as major manufacturing hubs for the American market.
At the heart of this shift is the Philippines, which faces persistent Chinese incursions into its exclusive economic zone (EEZ). General Romeo Brawner Jr., head of the Philippines' Joint Chiefs of Staff, reported an average of 286 Chinese vessels operating daily last year within the EEZ, up from 190 in 2021.