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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.
Indonesia’s President Prabowo Subianto (left) and US President Donald Trump at a summit in Egypt last year. Photo: AFP
Indonesia

Indonesia’s US trade deal faces a sovereignty reckoning at home

Nearly 80 civil groups and 65 academics have signed a petition urging parliament to block ratification of the ‘shameful’ deal.

United States

US tariff refund system to be ready in 45 days, after Trump duties struck down

Donald Trump

Trump’s 15% global tariffs likely to start this week, US Treasury chief says

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US, Israel war on Iran

Global stock sell-off slams Wall Street as oil prices leap on Iran war woes

The Dow ended down 403 points, after plunging over 1,200 earlier in the day.

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A display featuring Iran’s slain supreme leader Ayatollah Ali Khamenei in Tehran on Tuesday. Photo: AFP
Donald Trump

US appeal court denies Trump bid to delay tariff refund lawsuits

The tariffs, which had been ruled illegal by the high court, had generated more than US$130 billion for the US government as of late 2025.

US-China relations

Editorial | China now holds more cards ahead of Xi-Trump meeting

US Supreme Court reversal of Trump’s tariffs leaves China with lower tariffs and US deals with allies in doubt.

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Japan

Macroscope | Why Japan should push back on Trump’s investment demands

Trump’s use of tariff threats to strong-arm foreign governments, companies and investors into funding US projects should be resisted.

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Japanese Prime Minister Sanae Takaichi, with US President Donald Trump, speaks to members of the military aboard the USS George Washington aircraft carrier docked at the American naval base in Yokosuka, Japan on October 28, 2025. Photo: AP
United States

US seeks delay on tariff refund court hearing, faces above 2,000 lawsuits

Lawyers for companies seeking tariff refunds have been pushing the courts to speed up the process.

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Vietnam

Opinion | Southeast Asia, do not mistake Trump’s tariff defeat for a reprieve

One court loss won’t end the trade wars. But if ‘Peak Trump’ has arrived, the region’s negotiating hand may have just got stronger.

Taiwan

As I see it | Taipei must break free of its abusive relationship with Washington

US President Donald Trump’s tariff blitz is not Taiwan’s fault, but the self-ruled island must come to see that Washington is unreliable.

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Taiwanese leader Lai Ching-te delivers a New Year’s Day speech on January 1 at the presidential hall in Taipei. Photo: Handout via AFP
US-China trade war

After Trump’s tariff setback, will US firms rush to stockpile Chinese goods?

Front-loading expected but not at levels seen ahead of last year’s sweeping “Liberation Day” duties, analysts say.

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China’s exports soared to record highs in 2025, but those to the US fell 20 per cent for the year, according to customs data.
India

India in limbo over Russian oil imports as talks with US on trade deal continues

Washington has previously tied lower tariffs on Indian exports to the US to New Delhi’s commitment to curb its purchases of Russian oil.

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Los Angeles protests

Canada cannot replace US with China, Carney’s Conservative rival says

Pierre Poilievre outlined his vision for Canada’s relationship with the US after the prime minister’s recent outreach to Beijing.

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China-EU relations

China-EU trade ties are at a crossroads. Could tech bridge the divide?

A hostile Washington is creating openings for a reset – but deep-seated issues remain, analyst says.

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China-EU relations have suffered in recent years, but the Trump administration’s hostility towards the bloc has raised hopes for a reset. Several high-profile European leaders have headed east in recent months, though deep concerns over China’s export machine remain. Photo: Reuters
US-China trade war

US to keep China tariffs steady ahead of key Trump-Xi meeting: Greer

Trade envoy confirms levies on Chinese goods to remain within range of 35 per cent to 50 per cent depending on the product as tensions ease.

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US Trade Representative Jamieson Greer has confirmed that the Trump administration will keep tariffs on China at their current level. Photo: Reuters
China trade

Trump’s USMCA exit threat seen pushing Canada into China’s arms

Analysts expect Ottawa to diversify trade as future of North American trade pact remains uncertain, while a US departure would ‘hit Canada like an earthquake’.

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India

India and Brazil set sights on US$30 billion trade milestone by 2030

The two founding Brics members are deepening links on rare earths, innovation and AI to diversify growth beyond the West.

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Japan

No takebacks: Japan wants US to stick to trade deal amid tariff turmoil

Japan could see extra tax burdens on some goods if Trump’s new 10 per cent tariffs were to be applied unilaterally, the trade minister said.

A container ship leaves a cargo terminal in Tokyo in April 2025. Photo: AP
China trade

Open Questions | Abraham Newman on how world can resist US, China economic coercion

Threatening rivals’ economic choke points is nothing new, but Trump has politicised it, political scientist says. He suggests ways countries and companies can respond.

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US-China trade war

Trump lashes out at US Supreme Court, rolls out new 10% global tariffs

Decision threatens administration’s trade agenda; casts shadow on Xi-Trump summit as some China tariffs wiped out before Beijing talks.

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China trade

China defends WTO’s ‘equal treatment’ rule – what it means for global trade

Beijing warns that ending non-discrimination in global trade rules could see powerful countries dominate smaller ones.

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The WTO launched a formal self-review in 2022, and is expected to discuss reform proposals in March. Photo: AFP
Trade

Outside In | Try as it might, the US alone can’t reverse the tide of globalisation

Accounting for a significant share of world trade, Europe and Asia are far more decisive players in the fast-changing globalised economy.

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A worker is seen on an LED production line at an electronics company in Zigui county, central China’s Hubei province, on January 27. Photo: Xinhua
US-China relations

Former Biden official says US must work with allies to counter China

Kurt Campbell warns Trump’s strategy risks weakening Washington leverage as policy machinery erodes and Beijing sharpens its approach.

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Diplomacy

Opinion | The 21st-century order has outgrown 20th-century institutions

Despite international tensions, countries still seek cooperation based on shared interests. Institutions must embrace this trend.

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US-China trade war

US trade deficit widens sharply in December, testing Trump tariff claims

Trade with China remains a major driver of the US deficit, even as imports shift towards Southeast Asia and other partners.

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In December, the US goods deficit with China stood at US$12.4 billion, underscoring Beijing’s continued role in America’s trade gap. Photo: Getty Images
United States

Trump tells Starmer ‘do not give away Diego Garcia’ in new attack on Chagos deal

President says the UK should not lose control of Indian Ocean island by entering ‘tenuous’ lease, amid concerns about China’s growing ties there.

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Diego Garcia has long been a strategic asset for US missions. Photo: AFP
Canada

Canada launches huge defence plan to curb reliance on Trump’s US

Prime Minister Mark Carney has become one of the most prominent global voices criticising the US president’s administration.

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Britain

Starmer urges Europe to deepen interdependence amid Trump threats

Starmer has attempted to good relations with the US president to avoid the most punitive of tariffs and persuade him to continue supporting Ukraine.

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