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US-ally trade wars

US president-elect Donald Trump gestures while speaking during a meeting with House Republicans at the Hyatt Regency hotel in Washington on November 13. Photo: AFP
US-China trade war

Outside In | Trump’s destructive impact on world trade could take decades to unravel

The president-elect is doubling down on policies that did not serve the US well during his first term in the White House.

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US-China relations

Trump’s export controls hurting China could rankle US allies: analysts

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Diplomacy

Opinion | Trump’s victory a reminder the ‘end of history’ remains far away

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Donald Trump

Trump says Canada could be 51st US state. A Canadian minister says he was joking

The US president-elect made the remarks in jest during a dinner with PM Justin Trudeau, says Dominic LeBlanc, who was at the event.

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US president-elect Donald Trump posted an AI-generated image of himself standing on mountain with a Canadian flag next to him on Tuesday. Image: Truth Social/realDonaldTrump
US-China relations

Opinion | Why no country is safe from Trump’s pro-tariff agenda

Trump’s challenge to global trading norms fits with his agenda of undermining consensus and punishing US trading partners individually.

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Donald Trump

Trump says Canada PM Trudeau pledged action on border after tariff threat

The two leaders spoke during a ‘productive’ three-hour dinner that also covered topics like China, Ukraine, fentanyl and the Middle East.

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Americas and the Caribbean

Mexico raids stores selling counterfeit Chinese goods, vows national crackdown

The operation comes soon after Trump’s tariff threat, and amid concerns that Chinese goods are flowing through Mexico to flood the US market.

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Members of the Mexican Navy keep watch outside the Mexico Mart shopping centre in Mexico City during an operation to seize Chinese counterfeit goods on Friday. Photo: Reuters
US-China relations

Opinion | Trump’s tariff obsession is no match for China’s growth model

While tariffs raise costs and disrupt trade, China’s approach fosters internal economic resilience and positions it as a leader in sustainable growth.

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Banking & finance

‘Markets will equilibrate’ despite US tariffs, Standard Chartered CEO says

‘Globalisation is going forward. Trade remains enormously beneficial to the world, and everybody understands that,’ Winters says.

European Union

Macroscope | Why Germany has more to fear from a second Trump term than China

A widening trade war would further destabilise Europe’s largest economy as it struggles with stagnation, declining exports and geopolitical tensions.

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A vessel passes a German chemical and pharmaceutical plant on the banks of the Rhine river in Leverkusen, Germany, on November 25. Photo: AFP
Donald Trump

Canada considering retaliatory tariffs on US items following Trump threat

Canada mulls retaliatory tariffs on US goods as Trump threatens sweeping levies on Canadian products.

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Commercial trucks head towards the US Customs and Border Protection Pacific Highway Port of Entry from south Surrey, British Columbia, Canada, on Wednesday. Photo: Reuters
Donald Trump

Trump picks Greer as trade chief, Hassett for National Economic Council

Both men will have direct sway over much of Trump’s economic agenda: imposing new tariffs and cutting taxes.

Donald Trump

Mexico’s Sheinbaum hints she could retaliate against Trump tariffs

Meanwhile, Canada’s Trudeau says he had a ‘good’ conversation with the US president-elect after the latter’s surprise tariff threat.

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US-China relations

Opinion | Exit America, enter China? How Beijing can benefit from an isolationist US

America’s abdication as the world’s sole superpower would open up a tremendous diplomatic and economic opportunity for China.

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Chinese President Xi Jinping arrives for a meeting with Peruvian President Dina Boluarte on November 14, at the Government Palace in Lima, ahead of the Apec summit. Photo: Zuma press wire/dpa
United States

Opinion | With Trump 2.0, it will be every country for itself

Given Trump’s policy direction, the only conclusion for realists is that self-strengthening must be the main thrust in a fragmenting world order.

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Donald Trump at an election night watch party at the Palm Beach Convention Centre on November 6 in Florida. Photo: AP
United States

Macroscope | China won’t be the only Asian economy in Trump’s sights

Expect trade tensions to intensify dramatically at a time when many Asian economies, including China, are relying on exports to boost growth.

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United States

Macroscope | Trump’s tariff weapon may amount to little in a changed world

US-China decoupling and trade diversification across the Asia-Pacific mean Trump’s tariffs are no longer capable of mass destruction.

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Asean

Opinion | Pragmatic Southeast Asia will adapt to Trump’s ‘America first’ agenda

The region is already bracing itself for the reinstatement of a more transactional and nationalist policy agenda in the White House.

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Illustration: Craig Stephens
United States

Opinion | Trump has solidified his power to reshape the US. How far will he go?

Trump’s ‘America first’ stance has led some to wonder if traditional American values still apply. The answer is crucial to shaping the US’ future.

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US presidential election 2024

Trump could send EU hurtling toward tariff war with US and China, Macron warns

The French president added that European countries risked being divided depending on their relative dependence on the US or Chinese market.

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China trade

Exclusive | Ex-WTO head says China-EU ‘united front’ can counter Trump trade curbs

Pascal Lamy has called for China and the EU to resolve their differences and defend global trade together in a second Trump term.

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Former head of the World Trade Organization Pascal Lamy has called for China and the EU to unite against likely trade curbs during Donald Trump’s second White House term. Photo: TNS
US presidential election 2024

Trump asks China trade war architect Lighthizer to be US trade chief: report

As US trade representative, Lighthizer also played a major role in the renegotiation of Nafta with Mexico and Canada.

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US Trade Representative Robert Lighthizer testifies before the Senate Finance Committee in Washington in 2019. Photo: AFP
US presidential election 2024

Canada plays China card in preparation for Trump trade fight

Facing the threat of US tariffs, Ottawa seeks to make the case that Canada is aligned with Trump’s strategy for competing with China.

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US presidential election 2024

EU has wish list for Trump, but support for tough China agenda will be expected

In Brussels, there is an expectation that the US election result could usher in a shifting balance of power in Europe.

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US presidential election 2024

Opinion | How a Trump victory could benefit the world

Trump’s protectionism and isolationist leanings could allow others to fill the void left by the US to promote greater stability.

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Then-Japanese prime minister Shinzo Abe (far left), then-US president Donald Trump (centre left), French president Emmanuel Macron (centre) and then-German chancellor Angela Merkel (far right) attend a meeting of the G7 summit in Biarritz, France, on August 26, 2019. Photo: dpa
China's economic recovery

As Asean investment turns hot, Chinese firms told to temper expansion to avoid backlash

Members of the Asean bloc have become the first choice for Chinese companies looking to expand overseas.

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Workers assemble an electric vehicle at Chinese manufacturer BYD’s factory in Rayong, Thailand, which opened in July. Photo: Reuters
Belt and Road Initiative

As Chinese firms expand overseas, spotlight turns on cross-border disputes

Beijing urged to consider importance of international arbitration in resolving issues and protecting national interests in global markets.

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China-EU relations

D-Day looms for China’s exporters as EU moves towards EV tariffs vote

Chinese car companies’ offers to set minimum prices for their imports run up against toughening resolve led by France and others.

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US-ally trade wars
The latest news, analysis and opinion on US-ally trade wars. In-depth analysis, industry insights and expert opinion.
last updated:
9 September, 2024
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