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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.
South Korean President Lee Jae-myung talks to US President Donald Trump in New York on September 22, 2025. Photo: EPA / Yonhap
United States

Opinion | The US has South Korea over a trade barrel – and the world should take notes

Clearly, appeasement doesn’t work and dependence just feeds leverage. Collective action is the only effective stand that states can take.

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US-China relations

US-China strategic competition to keep escalating as world watches on, Rudd says

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United States

Trump to cut some Canada tariffs to help Maine lawmaker’s re-election bid

Canada

Alberta voters choose Canada over independence in boost for Carney

Overwhelming referendum result rejects path to separation, cementing national unity amid an ongoing trade war with the US.

Canadian unity supporters react to the referendum results in Edmonton, Alberta. Photo: Reuters
US-China relations

Asian-Americans’ trust in Trump fading as economic woes increase, survey finds

Being object of ICE raids, detention, visa denial and deportations under Trump administration also contributing factors, AAPI poll reveals.

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US-China relations

China bar exam row sinks Trump press secretary Katie Zacharia after just 5 days

The US president says he told his embattled spokeswoman, who has been on the job for a mere week: ‘I think you’re better off being happy’.

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2026 Xi-Trump summits

Visa’s China approval a ‘direct outcome’ of Xi-Trump summit, Beijing says

Visa CEO among White House guests at state dinner honouring Chinese leader last month and also attended Trump’s visit to Beijing in May.

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Bank cards carrying the Visa logo. The People’s Bank of China plans to let the US card payment giant set up a local entity to process domestic transactions within its network. Photo: Shutterstock
Canada

Carney makes case for Canadian unity as Alberta referendum nears

The country’s fourth-largest province will hold a nonbinding vote on October 19 on pursuing formal independence.

United States

Tariffs, millions in extra costs, Iran war: Trump’s policies hammer US firms

‘Frustrating would be one word,’ a CEO says, as US manufacturers struggle with ballooning costs and persistent uncertainty.

US-China relations

Key US port for China imports records best-ever quarter despite trade doubt

Port of Los Angeles, the US’ leading gateway for imports from China, had its busiest three-month period on record from July to September.

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The port of Los Angeles in Long Beach, California, on March 10. Photo: Reuters
China-Latin America relations

Brazil’s Lula hails Chinese investors as rival pitches rare earths to Trump

Brazilian president names China a possible partner in his critical minerals plans, as Flavio Bolsonaro courts Trump, with election looming.

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Brazilian President Luiz Inacio Lula da Silva greets supporters during a campaign rally in Rio de Janeiro on Friday ahead of Sunday's general election. Photo: Reuters
US-China trade war

Greer says no specific timeline set for enforcing US-China Board of Trade

United States Trade Representative confirms recommendations must go through a legal process before implementation of new economic initiative.

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US-China relations

Xi has left Washington, but remains in Trump’s photos on White House walls

Different photographs show China’s president with Trump, while an embassy display highlights their meetings and calls for cooperation.

Canada

Canada fast-tracking oil pipeline designed to diversify economy away from US

The ‌new pipeline could make Canada a major global energy supplier, as Asia looks outside the ‌Middle East in the wake of the Iran conflict.

Canadian Prime Minister Mark Carney announces the next step to accelerate a major infrastructure project in Fort McMurray, Alberta, Canada, on Thursday. Photo: Reuters
South Korea

South Korea hits back at Trump’s investment claims in ‘tit-for-tat move’

President Lee Jae Myung says further talks are needed and ‘commercial viability’ must be a prerequisite for South Korean investment in the US.

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South Korean President Lee Jae Myung has issued a clarification that further negotiations are necessary in the country’s trade deal with the US. Photo: EPA
US-China relations

Xi-Trump rapport is ‘most valuable strategic asset’ in US-China ties: envoy Xie

Beijing’s ambassador remarks on head-of-state diplomacy in a speech marking National Day celebrations at the Chinese embassy in Washington.

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South Korea

Trump touts US$200 billion South Korean energy deal ahead of US midterms

South Korea agreed to invest US$350 billion in the US and boost its purchases of US energy as part of a July 2025 trade deal with Trump.

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US-China trade war

US criticises China’s WTO compliance as industry groups mount complaints

Senior US trade official says Beijing targeting entire industrial sectors for global dominance, while retaining a non-market economic system.

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The headquarters of the World Trade Organization (WTO) in Geneva, Switzerland. The US has long accused China of failing to meet its WTO commitments. Photo: AFP
US-China trade war

US targets China’s steel capacity at G20 days after Xi’s state visit

Jamieson Greer proposes new global framework that will encourage countries to strengthen trade barriers against steel imports.

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China-Latin America relations

Brazil’s beef exporters hit a wall in China as 55% tariff kicks in

Surtax on its largest market alarms the industry, which is already locked out of the EU and facing higher US duties.

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US-China trade war

Has the US-China tariff deal eroded Southeast Asia’s edge as a factory hub?

Beijing and Washington plan to waive additional duties on US$30 billion of each other’s goods, potentially narrowing the region’s trade advantage.

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Workers produce Bing Dwen Dwen merchandise at a toy factory in Jinjiang, southeast China’s Fujian Province. Photo: Xinhua
United States

Opinion | America’s foreign policy of coercion must end

Trump’s routine use of threats and ultimatums in place of diplomacy may yield immediate gains, but it inflicts lasting damage to America’s global standing.

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US President Donald Trump speaking on the South Lawn, at the White House in Washington, on August 19. Photo: Reuters
US-China trade war

‘Missed opportunity’: US soybean farmers question China tariff cuts exclusion

Before the Xi-Trump summit last week, analysts and industry experts expected soybeans to be included in tariff-reduced arrangement.

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US-China relations

Open Questions | Scott Kennedy on China’s ‘slow tech dragon’ and 2 more Xi-Trump meetings

American adviser on Chinese business and economics highlights different phases of US-China relations over the past 50 years.

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China-Latin America relations

Exclusive | China-based Brics bank set for hunger alliance lead role this year, Brazil says

Brazilian minister Wellington Dias tells SCMP a fund to cut borrowing costs for the poor may launch by December as US marginalises the G20.

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Brazil’s Minister of Social Development, Wellington Dias (centre), speaks at the United Nations General Assembly's high-level plenary session on Social Business, Youth, and Technology on Wednesday. Photo: Handout
2026 Xi-Trump summits

Xi-Trump atmospherics welcomed but mask structural rifts: analysts

That two economic and military giants are talking – and pledging to talk some more – suggests some period of relative stability with caveats.

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US President Donald Trump welcomes Chinese President Xi Jinping to a state dinner in the East Room of the White House on Thursday in Washington. Photo: Getty Images
2026 Xi-Trump summits

All you need to know about a state visit, as US rolls out red carpet for Xi

On these grand occasions, which aim to strengthen relationships between countries, it’s more than just pomp and pageantry involved.

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Canada

Canada seeks to wrap up India trade talks soon, as US ties fray

PM Carney says his Indian counterpart Modi will visit Canada around the time of the G20 summit in Miami this December.

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