China, Trump and trade deal
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Just as Japan's top trade negotiator traveled to Washington for another round of tariff talks last week, a bipartisan delegation bearing the name of “Japan-China Friendship” wrapped up a visit to Beijing.
5don MSN
Since President Donald Trump's April 2 tariff announcement global leaders have responded with mixed reactions.
The group includes South-east Asian nations, with whom the US has some of the largest trade deficits. Read more at straitstimes.com. Read more at straitstimes.com.
Japan’s finance minister says the nation’s massive holdings of U.S. Treasurys can be “a card on the table” in negotiations over tariffs with the Trump administration.
TAIPEI, Taiwan (AP) — China is moving to strengthen its alliances with other countries as a counterweight to President Donald Trump’s trade war, presenting a united front with Latin American leaders a day after China and the U.S. agreed to a 90-day truce in their tariffs stalemate.
Presidenti Trump did not reveal the trading partner, saying only that it was "A BIG, AND HIGHLY RESPECTED, COUNTRY" and that representatives would join him at 10 a.m. ET in the Oval Office.
Honda is projecting a 70% nose-dive in profit for the fiscal year through March 2026, at 250 billion yen ($1.7 billion), on 20.3 trillion yen ($137 billion) in sales, down 6%.
Asia-Pacific trade envoys will gather this week in South Korea for discussions on multilateral cooperation, with talks taking place at a time when countries are scrambling to respond to U.S. President Donald Trump's sweeping tariffs.