How Trump is driving Asia to diversify away from U.S.
3 days, 19 hours ago

How Trump is driving Asia to diversify away from U.S.

The Hindu  

President Donald Trump's tariffs and other policies have some financiers and officials in Asia predicting the remaking of the post-World War II economic order, leading to an urgent quest to diversify away from America. In response to questions about this view, Kush Desai, a White House spokesperson, pointed to U.S. investment promises by companies like Taiwanese chipmaker TSMC and Dubai property developer DAMAC, saying they "have responded to President Trump's America First economic agenda of tariffs, deregulation, and the unleashing of American energy." One Chinese official said Mr. Trump's tariffs against U.S. allies such as Canada and Europe had given Beijing an opening. Trump cannot isolate China with U.S. allies because "his allies are also facing tariffs," the official said, declining to be named to talk candidly about the situation.

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History of this topic

Trump has U.S. Indo-Pacific allies guessing on trade and security
2 days, 5 hours ago

Trump has U.S. Indo-Pacific allies guessing on trade and security

NPR  

Trump has U.S. Indo-Pacific allies guessing on trade and security toggle caption Handout by South Korean Defense Ministry/Getty Images As he did with NATO members in Europe, President Trump is undermining trust with key allies on the other side of the globe. "There is a profound sense of anxiety and I think a sense of urgency countries like Japan, Australia, …

Trump’s new world order tests the dollar
1 week ago

Trump’s new world order tests the dollar

Live Mint  

President Trump has launched an unprecedented challenge to a geopolitical order that has prevailed for decades. Few believe that a huge decline in the dollar is imminent, partly because U.S. interest rates are higher than almost anywhere else in the developed world, promising continued foreign investment. Forecasts for faster economic growth, coupled with modestly higher tariffs, initially helped drive stocks …

Trump’s tariffs may end up blowing up the US dollar hegemony
1 week, 4 days ago

Trump’s tariffs may end up blowing up the US dollar hegemony

Al Jazeera  

Some of the US president’s most daring policies to ‘Make America Great Again’ may inflict irreparable harm to the US economy. But in this instance, Trump’s boldness is unlikely to bring him closer to his long-term goals due to the inadvertent impact these tariffs will eventually have on the US dollar. Manufacturing costs in the US are far higher than …

Singapore Warns of Tariff Cascade as Worried Asia Eyes Trump
1 week, 5 days ago

Singapore Warns of Tariff Cascade as Worried Asia Eyes Trump

Live Mint  

Singapore’s top trade official warned that a barrage of actions from the US and other countries risks undermining global economic growth, in some of the strongest public comments underscoring concerns in the trade-reliant nation. “Many of us here in Asia watch with anxiety President Donald Trump’s tariffs on the US’ three largest trading partners, and his plans for more,” Deputy …

Why China isn’t as worried about Trump’s trade war as in 2018
1 week, 6 days ago

Why China isn’t as worried about Trump’s trade war as in 2018

Al Jazeera  

Beijing is much better positioned to withstand US tariffs than in the past, analysts say. “I don’t want to understate the impact – that’s almost a tripling of the effective tariff rates for Chinese goods that are coming into the United States, so it’s big,” Beddor told Al Jazeera. At the “Two Sessions” meetings last week in Beijing, the National …

Donald Trump’s chaos goes beyond tariffs. Here’s how some are trying to cope
1 week, 6 days ago

Donald Trump’s chaos goes beyond tariffs. Here’s how some are trying to cope

Live Mint  

To borrow from the Greek philosopher Heraclitus, the only constant in Donald Trump’s second presidency so far is change—in tariffs. China: High on confidence The annual “Two Sessions" Parliamentary conference in China set an ambitious growth target of 5% for 2025, to be supported through a higher fiscal deficit and looser monetary policy. Europe: Time to rearm Trump’s suggestion that …

Trump’s Second Term and the Restructuring of Global Capitalism: A Shift in US Hegemony?
2 weeks, 3 days ago

Trump’s Second Term and the Restructuring of Global Capitalism: A Shift in US Hegemony?

The Hindu  

Published : Mar 07, 2025 00:07 IST - 7 MINS READ An eminent economist, he taught for more than three decades at JNU’s Centre for Economic Studies and Planning. If the first month of Donald Trump’s second term as US President is any indication, global capitalism—under US hegemony—appears to be undergoing an internally driven restructuring. Prominent among these is, of …

Trump wants US to make more, Xi wants China to spend more: Both aim to tame headwinds
2 weeks, 3 days ago

Trump wants US to make more, Xi wants China to spend more: Both aim to tame headwinds

Firstpost  

The Chinese economy has always been exports-driven, with less reliance on domestic consumption. For instance, consumption accounts of just 40 per cent of China’s GDP; whereas the figure hovers near 50 to 70 per cent in developed economies worldwide China over the past decades became ‘the factory’ of the world and a giant economy by selling goods worth hundreds of …

Trump effect? Investors looking beyond dollar, poll suggests trade war may trigger its decline
2 weeks, 3 days ago

Trump effect? Investors looking beyond dollar, poll suggests trade war may trigger its decline

Firstpost  

The future of the US dollar’s dominance is increasingly uncertain as investors weigh the impact of the second Trump administration, rising trade tensions, shifting monetary policies and global moves toward alternative currencies The US dollar has been a key part of the global financial system for a long time. Trump’s trade policies and the dollar’s volatility US President Donald Trump’s …

‘Asia in the line of fire’! India, Thailand face higher US reciprocal tariffs risk, says Nomura
2 weeks, 3 days ago

‘Asia in the line of fire’! India, Thailand face higher US reciprocal tariffs risk, says Nomura

Live Mint  

India and Thailand may face increased reciprocal tariffs from the United States due to their higher relative tariff rates and non-tariff barriers, according to a recent analysis by Nomura. Rising Tariff Concerns Nomura's assessment suggests that the inclusion of non-tariff barriers—such as import policies, technical trade restrictions, and sanitary measures—raises the probability of reciprocal tariffs across multiple Asian nations. “Emerging …

Dollar Faces Biggest Threat in Decades From ‘Scary’ Moves, Summers Says
2 weeks, 4 days ago

Dollar Faces Biggest Threat in Decades From ‘Scary’ Moves, Summers Says

Live Mint  

-- Former Treasury Secretary Lawrence Summers said that volatile policy actions and rhetoric from President Donald Trump are posing the biggest risk to the dollar’s dominance in the world economy in half a century. “The broad approach we are taking to the rest of the world represents the biggest threat to the US dollar’s role as the central currency in …

In US Congress, Donald Trump makes four clear bets, retains one hidden card
2 weeks, 4 days ago

In US Congress, Donald Trump makes four clear bets, retains one hidden card

Hindustan Times  

WASHINGTON: Donald Trump’s first address in his second term to the joint session of the US Congress on Tuesday confirmed he is making five big bets straddling politics, foreign policy and the economy. Trump’s insistence that Ukraine offer a share of its minerals to the US, his rebuke to Volodymyr Zelensky last week, suspension of military aid and intelligence sharing, …

Trump turns up the heat. China says bring it on.
2 weeks, 4 days ago

Trump turns up the heat. China says bring it on.

Live Mint  

BEIJING : As President Trump ratchets up the political and economic pressure on China, Beijing has responded with a clear message: China will resist U.S. efforts to constrain its rise. Beijing sent a similar, albeit more calibrated message, at the opening of China’s annual legislative session on Wednesday, where it set an ambitious goal to expand its economy by around …

America First: Donald Trump Imposes Fresh Tariffs On Canada, China, Mexico, Triggers Trade War Concerns
2 weeks, 5 days ago

America First: Donald Trump Imposes Fresh Tariffs On Canada, China, Mexico, Triggers Trade War Concerns

ABP News  

US President Donald Trump’s fresh tariffs on Mexico and Canada became effective on Tuesday. US Tariffs On China Doubled Earlier last month, the US imposed a 10 per cent tariff on Chinese goods as a punishment for the Asian economy over the fentanyl overdose crisis in the US. The recent additional 10 per cent takes the overall duties on Chinese …

US-China trade war looms as Beijing vows retaliation to Trump’s new tariffs taking effect today
2 weeks, 6 days ago

US-China trade war looms as Beijing vows retaliation to Trump’s new tariffs taking effect today

Firstpost  

China would reportedly hit back with a series of both tariffs and non-tariff measures in response to the additional 10 per cent duties imposed by Trump. The country’s Commerce Ministry on Tuesday vowed to hit back against the fresh US import tariffs, reiterating its stance that the Trump administration was trying to “shift the blame” and “bully” Beijing over fentanyl …

Trump puts US allies on notice - power comes first
2 weeks, 6 days ago

Trump puts US allies on notice - power comes first

Raw Story  

by Shaun TANDON With his flailing of Ukraine's leader, Donald Trump is making clearer than ever that he cares more about power than friends -- a chilling message for America's global network of allies. While Washington's championing of democracy has "rightly been accused of hypocrisy, now there's not even any pretense that the United States is upholding those values," said …

Aakar Patel | Trump’s real goal: To end conflicts in Ukraine, Mideast to focus on China?
2 weeks, 6 days ago

Aakar Patel | Trump’s real goal: To end conflicts in Ukraine, Mideast to focus on China?

Deccan Chronicle  

What is one to write about just after America’s President scolds Ukraine's leader about gambling with world war? In this term, Mr Trump added 10 per cent additional tariffs on all Chinese goods coming into the US and then another 10 per cent that is due to come into effect this week. Under this view, to continue its logic, the …

China’s ‘two sessions’: Beijing vows to ‘fight till the end’ as Trump escalates trade war
3 weeks ago

China’s ‘two sessions’: Beijing vows to ‘fight till the end’ as Trump escalates trade war

CNN  

Beijing CNN — China has vowed to “fight till the end” after US President Donald Trump escalated his trade war by doubling tariffs on all Chinese imports to 20%. “If the US insists on waging a tariff war, trade war, or any other kind of war, China will fight till the end.” The barrage of retaliatory measures and fiery exchanges …

Rebutting Trump: China’s Retaliatory Tariffs
3 weeks, 1 day ago

Rebutting Trump: China’s Retaliatory Tariffs

The Diplomat  

On February 1, 2025, U.S. President Donald Trump declared that all imports from China would be subject to a new 10 percent tariff, citing concerns such as fentanyl trafficking and intellectual property theft. This unilateral tariff increase came on top of existing tariffs on China, making another chapter in the ongoing trade war between the world’s two largest economies. The …

Donald Trump has begun a mafia-like struggle for global power
3 weeks, 3 days ago

Donald Trump has begun a mafia-like struggle for global power

Live Mint  

The rupture of the post-1945 order is gaining pace. Bilateral discussions between America and Russia, Saudi Arabia, Taiwanese executives and Ukraine include oil output, construction contracts, sanctions, Intel plants, the use of Elon Musk’s Starlink satellite service and a desert golf tournament. Because Mr Trump views power as personal rather than anchored by America’s institutions, he may find it hard …

Trump 2.0 works well with a competitive multipolar world
3 weeks, 3 days ago

Trump 2.0 works well with a competitive multipolar world

Firstpost  

When Donald Trump won the US presidential elections, many foreign policy experts predicted greater geopolitical turbulence and uncertainty ahead. Why Trump’s Foreign Policy Benefits India Trump’s transactional approach is consistent with India’s strategic objectives. Unlike Biden’s decisions, which have frequently limited India’s flexibility, Trump’s deal-making approach gives New Delhi more strategic space to pursue its geostrategic objectives. Moreover, New Delhi’s …

As Trump courts Russia & cuts US aids, China emerges as real winner
3 weeks, 3 days ago

As Trump courts Russia & cuts US aids, China emerges as real winner

Firstpost  

US President Donald Trump might claim to pursue the ‘America First’ agenda, but China is emerging as the real beneficiary of his foreign policy As US President Donald Trump has cut foreign aid, ditched traditional allies, and made a new ally in Russia, China appears to emerging as the real winner. The purported approach that Trump has taken to counter …

Global implications for the shifting landscape of US foreign policy
3 weeks, 6 days ago

Global implications for the shifting landscape of US foreign policy

China Daily  

This file photo taken on Dec 4, 2019 shows a view of the Capitol Hill in Washington DC, the US. The current shift in US foreign policy, marked by a demand for greater "regional responsibility" from its allies, represents a significant recalibration of America's role in the world. However, it also signals a retreat from the US' traditional role as …

Trump administration targets China with new trade and investment restrictions
3 weeks, 6 days ago

Trump administration targets China with new trade and investment restrictions

Hindustan Times  

The Trump administration took aim at China with a series of moves involving investment, trade and other issues that raises the risk ties may soon worsen between the US and its top economic rival. The Trump administration targeted China with a number of trade, investment, and other policies that increase the likelihood that relations between the US and its main …

India-US ties: Playing the Trump card with pragmatic realism
1 month, 1 week ago

India-US ties: Playing the Trump card with pragmatic realism

New Indian Express  

After the Prime Ministers of Israel and Japan and the King of Jordan, Prime Minister Narendra Modi became the fourth world leader Donald Trump hosted at the White House since becoming president. Soon after the president announced reciprocal tariffs, Modi and Trump spent four hours together in various engagements, showcasing strong personal chemistry, with discussions and outcomes reflecting a clear …

Charting the Global Economy: US Inflation Picks Up Ahead of Tariffs
1 month, 1 week ago

Charting the Global Economy: US Inflation Picks Up Ahead of Tariffs

Live Mint  

-- US inflation picked up broadly at the start of the year, further diminishing chances the Federal Reserve will cut interest rates anytime soon. World Economists are warning the next stage of Donald Trump’s trade war would open new fronts across Asia, with India and Thailand among the nations most exposed to risks from the US president’s vow to impose …

Trump’s reciprocal tariffs will overturn decades of trade policy
1 month, 1 week ago

Trump’s reciprocal tariffs will overturn decades of trade policy

Associated Press  

WASHINGTON — President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades. The White House has cited several examples of especially lopsided tariffs: Brazil taxes ethanol imports, including America’s, at 18%, but the U.S. tariff on ethanol is just 2.5%. Trump’s plan goes beyond foreign countries’ tariffs Not satisfied with scrambling the tariff …

Trump launches reciprocal tariffs
Top News
1 month, 1 week ago

Trump launches reciprocal tariffs

Deccan Chronicle  

Washington: US President Donald Trump inked plans Thursday for sweeping "reciprocal tariffs" hitting both allies and competitors, in a dramatic escalation of an international trade war that economists warn could fuel inflation at home. Speaking in the Oval Office, Trump said he had decided to impose the reciprocal duties, telling reporters that US allies were often "worse than our enemies" …

Trump announces 'reciprocal tariffs' targeting allies and adversaries
1 month, 1 week ago

Trump announces 'reciprocal tariffs' targeting allies and adversaries

New Indian Express  

Trump has announced a broad range of tariffs targeting some of the biggest US trading partners since taking office, arguing that they would help tackle unfair practices -- and in some cases using the threats to influence policy. President Trump also complained that the European Union was "absolutely brutal" in its trade relations with the United States. The White House …

Shyam Saran: India must navigate the Trump era’s trade turbulence with care
1 month, 1 week ago

Shyam Saran: India must navigate the Trump era’s trade turbulence with care

Live Mint  

President Donald Trump promised a trade war and has fired the first shots. US trade partners in Asia and Europe, meanwhile, have largely escaped the tariff war so far, although Trump has repeated his threats to target them as well. Some policymakers in India may have hoped that the US-led Indo-Pacific Economic Framework could become the vehicle for re-entering the …

Stock market today: Asian stocks down after Trump imposes tariffs on imports of steel and aluminum
1 month, 1 week ago

Stock market today: Asian stocks down after Trump imposes tariffs on imports of steel and aluminum

Associated Press  

HONG KONG — Stocks in Asia were mostly down Tuesday, after U.S. President Donald Trump imposed 25% tariffs on all U.S. imports of steel and aluminum. Trump said over the weekend he would announce 25% tariffs on all steel and aluminum imports, with more import duties to come later in the week. In China, Trump has pressed ahead with 10% …

Donald Trump's tariffs on China could shift production further into South-East Asia
1 month, 2 weeks ago

Donald Trump's tariffs on China could shift production further into South-East Asia

ABC  

As forewarned, US tariffs against China have come into force, and now the global trade landscape is bracing for a reshuffle. US President Donald Trump this week slapped 10 per cent tariffs on China — significant, but much lower than the 60 per cent he had threatened. China retaliates with tariffs on US goods after Trump imposes new levies Photo …

From Beijing to Washington: The new era of global economic warfare
1 month, 2 weeks ago

From Beijing to Washington: The new era of global economic warfare

Firstpost  

The global trade war is heating up. This can be viewed through the recent international competition in the field of technology, electric vehicles, global trade, and China’s recent move in advancing artificial intelligence. This legislation highlights the palpable anxiety in the US about China’s rapid ascent as a major player in the global economy and its increasing sway over international …

Trump Is Pushing the World Right Into China’s Arms
55 years, 2 months ago

Trump Is Pushing the World Right Into China’s Arms

Slate  

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. The social democratic premier of British Columbia said his province would stop buying alcohol from Republican-dominated states ; the Conservative premier of Ontario threatened to rip up the province’s contract with Starlink, the satellite internet service from Elon Musk’s …

What do Trump’s first weeks tell us about his China strategy?
1 month, 2 weeks ago

What do Trump’s first weeks tell us about his China strategy?

Live Mint  

China is a theme in President Trump’s first weeks in the White House, factoring into over a third of the more than 80 executive orders and key actions he has signed so far. “He’s less ideologically driven," said Henry Huiyao Wang, founder and president of the Center for China and Globalization, a Beijing think tank. He points to Trump’s order …

Where things stand in China-U.S. trade tensions
Trending News
1 month, 2 weeks ago

Where things stand in China-U.S. trade tensions

Raw Story  

by Oliver HOTHAM China has made good on its threats to retaliate in the escalating trade war with the United States, imposing tariffs on American imports of energy, cars and machinery parts. Key US demands were greater access to China's markets, broad reform of a business playing field that heavily favours Chinese firms, and a loosening of heavy state control …

China hits back at US with import tariffs including on crude oil, as Trump’s measures go into effect
1 month, 2 weeks ago

China hits back at US with import tariffs including on crude oil, as Trump’s measures go into effect

CNN  

Hong Kong CNN — Beijing announced a broad package of economic measures targeting the United States on Tuesday, hitting back after US President Donald Trump imposed 10% tariffs on Chinese imports. The ministry also said it was adding two American firms — biotech company Illumina and fashion retailer PVH Group, owner of Calvin Klein and Tommy Hilfiger — to its …

DC Edit | Trump wields tariffs like a geopolitical weapon
Trending News
1 month, 2 weeks ago

DC Edit | Trump wields tariffs like a geopolitical weapon

Deccan Chronicle  

The tariff regime that Donald Trump invoked using his emergency economic powers has the potential to start a trade war which will have consequences for global trade that may be worse than the one that the Covid pandemic wrought five years ago. The US economy itself could suffer a downturn if these tariff bullets being fired from the presidential weapon …

DC Edit | Trump wields tariffs like a geopolitical weapon
Trending News
1 month, 2 weeks ago

DC Edit | Trump wields tariffs like a geopolitical weapon

Deccan Chronicle  

The tariff regime that Donald Trump invoked using his emergency economic powers has the potential to start a trade war which will have consequences for global trade that may be worse than the one that the Covid pandemic wrought five years ago. The US economy itself could suffer a downturn if these tariff bullets being fired from the presidential weapon …

Trump's trade war salvo rocks markets
1 month, 2 weeks ago

Trump's trade war salvo rocks markets

The Hindu  

Investors bought dollars, sold stocks and fretted about inflation on Monday in a scramble to assess the risk of a trade war after Donald Trump put tariffs on top U.S. trading partners. "Trump's trade war has started," said Alvin Tan, head of Asia currency strategy at RBC Capital Markets in Singapore, noting it was hard to see the U.S. dollar …

The View From India newsletter: Trump and his trade war
1 month, 2 weeks ago

The View From India newsletter: Trump and his trade war

The Hindu  

“The dumbest trade war in history” – that’s how the Wall Street Journal’s Editorial Board described US President Donald’s recent decision to impose tariffs on Canada, Mexico, and China, in retaliation to “illegal” immigrants and drugs that he said were “entering the US”. A day after the new tariffs came into effect — on February 1, 2025 — President Trump …

Trump tariffs shake Asian markets as new trade war worries grow – Firstpost
1 month, 2 weeks ago

Trump tariffs shake Asian markets as new trade war worries grow – Firstpost

Firstpost  

Analysts said Asian markets were bracing for volatility set off by a possible trade war escalation People walk in front of an electronic stock board showing Japan's Nikkei index at a securities firm in Tokyo. AP Asia shares mostly fell in Monday trading as worries grow about President Donald Trump imposing tariffs on key U.S. trading partners. Analysts said Asian …

Stock markets slide around the world as Trump’s tariffs rattle investor confidence
1 month, 3 weeks ago

Stock markets slide around the world as Trump’s tariffs rattle investor confidence

CNN  

Hong Kong/London CNN — Stock markets in Asia and Europe slumped Monday after Donald Trump slapped tariffs on Canada, Mexico and China, sparking fears over another bruising ‘America First’ trade war that could hit global economic growth. Japan’s Nikkei stock index closed 2.7% lower and South Korea’s KOSPI was 2.5% down at market close. On Sunday evening, Trump also threatened …

Stock markets slide around the world as Trump’s tariffs rattle investor confidence
1 month, 3 weeks ago

Stock markets slide around the world as Trump’s tariffs rattle investor confidence

CNN  

Hong Kong/London CNN — Stock markets in Asia and Europe slumped Monday after Donald Trump slapped tariffs on Canada, Mexico and China, sparking fears over another bruising ‘America First’ trade war that could hit global economic growth. Japan’s Nikkei stock index closed 2.7% lower and South Korea’s KOSPI was 2.5% down at market close. On Sunday evening, Trump also threatened …

As Mexico and Canada hit back, China pulls punches on Trump’s tariffs
1 month, 3 weeks ago

As Mexico and Canada hit back, China pulls punches on Trump’s tariffs

Al Jazeera  

Analysts say Beijing hopes to seize moral high ground with referral of tariffs to World Trade Organization. Taipei, Taiwan – Within hours of United States President Donald Trump announcing tariffs on China, Canada and Mexico over the weekend, his Canadian and Mexican counterparts hit back with their own levies on US goods. “Not necessarily because their broader objectives align but …

China shrugs off new Trump tariffs but bruising trade war looms with US
1 month, 3 weeks ago

China shrugs off new Trump tariffs but bruising trade war looms with US

New Indian Express  

BEIJING: Donald Trump's new tariffs will probably not have a major impact on China's economy but may herald the opening salvo of another bruising trade war with Beijing, analysts said Sunday. The US President on Saturday announced sweeping measures against major trade partners, with goods from China facing an additional 10 percent tariff on top of the duties they already …

Curious but true Japan is worried about Trump imposing new tariffs on China
1 month, 3 weeks ago

Curious but true Japan is worried about Trump imposing new tariffs on China

Firstpost  

Japan’s economy could face significant challenges if US President Donald Trump imposes new tariffs on China. Japan’s chief economist said that such measures could negatively affect the country’s economy, though Japanese companies may be better prepared this time. AP Japan’s economy could suffer if US President Donald Trump slaps fresh tariffs on China, sparking a renewed US-China trade war, the …

Trump calls China ‘tremendous tariff maker’, also attacks India and Brazil in his ‘America First’ push
1 month, 3 weeks ago

Trump calls China ‘tremendous tariff maker’, also attacks India and Brazil in his ‘America First’ push

Firstpost  

US President Donald Trump on Tuesday referred to China, India, and Brazil as “tremendous tariff-makers” and said that his administration would no longer tolerate such practices, reiterating his commitment to putting “America First.” US President Donald Trump on Tuesday referred to China, India, and Brazil as “tremendous tariff-makers” and said that his administration would no longer tolerate such practices, reiterating …

'Going To Put America First': Trump Calls China, India, Brazil 'Tremendous Tariff-Makers'
1 month, 3 weeks ago

'Going To Put America First': Trump Calls China, India, Brazil 'Tremendous Tariff-Makers'

ABP News  

US President Donald Trump on Tuesday called India, China and Brazil as "tremendous tariff makers" and said that the United States will impose tariffs on the countries that harm America. Trump said that he would not allow it to happen and added that he is going to put America first. So we're not going to let that happen any longer …

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