S Korea plans emergency response over US tariffs on autos
S Korea plans emergency response over US tariffs on autos

South Koreas auto sector is expected to face considerable difficulties when US import tariffs on cars announced by President Donald Trump take effect and the government plans an emergency response by April. South Korea will also actively engage the US government to explore measures to minimise...

Japan warns of 'significant impact' from US tariffs
Japan warns of 'significant impact' from US tariffs

Japans government warned Thursday of a significant impact on its economic relations with the United States -- and on global trade -- after US President Donald Trump announced import tariffs on cars. Tokyo is a close economic and strategic US ally, with its firms the biggest investors in the...

China retaliates against US tariffs
China retaliates against US tariffs

China will fight to the bitter end of any trade war, the foreign ministry spokesperson in Beijing declared, after China announced tit-for-tat tariffs on agricultural imports from the US, BBC reported. The latest development came within minutes of a new 10 percent US levy on Chinese imports that...

US tariffs on Canada, Mexico imports come into effect
US tariffs on Canada, Mexico imports come into effect

Steep US tariffs on Canadian and Mexican goods came into effect Tuesday as a deadline to avert President Donald Trumps levies passed without the nations striking a deal, in a move set to snarl supply chains. Trump had unveiled -- and then paused -- blanket tariffs on imports from major trading...

Hong Kong to file WTO complaint over US tariffs, official says
Hong Kong to file WTO complaint over US tariffs, official says

Hong Kong will file a formal complaint with the World Trade Organisation (WTO) over recent US tariffs, arguing that the US has disregarded the citys status as a separate customs territory, according to Chief Secretary Eric Chan on February 11, reads a Straits Times post. This move is completely...

China condemns US tariffs and threatens countermeasures
China condemns US tariffs and threatens countermeasures

In reaction to the US imposing tariffs on Chinese goods, the Chinese Ministry of Foreign Affairs stated on Sunday that China strongly condemns and opposes the action, vowing to take appropriate countermeasures to protect its legitimate rights and interests. Chinas position is firm and...