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Secret to Trump’s ‘crazy’ tariffs, accidental ambassador IShowSpeed: SCMP daily highlights

From US commitment to the one-China policy to the militarisation of space, here’s a round-up from today’s China coverage

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A street monitor in Tokyo shows US President Donald Trump speaking on Wednesday, when he announced fresh tariffs on American imports from Japan and dozens of other countries. Photo: Kyodo
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1. Economists reveal the simple secret to Trump’s ‘crazy’ tariff plan

“This is to economics what creationism is to biology,” says Lawrence Summers, ex-treasury secretary and National Economic Council director.

2. Donald Trump’s pick for Beijing envoy affirms US commitment to one-China policy

President Donald Trump’s nominee for ambassador to Beijing said on Thursday that the US leader’s strategy for China would involve “some pain” and claimed that allies must do more to counter the Asian country.

3. From Guangdong to LA, tariff superstorm alters course of business expansions

A street monitor in Tokyo shows US President Donald Trump speaking on Wednesday, when he announced fresh tariffs on American imports from Japan and dozens of other countries. Photo: Kyodo
A street monitor in Tokyo shows US President Donald Trump speaking on Wednesday, when he announced fresh tariffs on American imports from Japan and dozens of other countries. Photo: Kyodo

Businesses rethink plans after Trump unleashes whirlwind of tariffs, and analysts say that while trade barriers might be overcome, others must “abandon wishful thinking”.

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