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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.
A production line of capsule package. Photo: Getty Images
China’s private sector

What would 200% US tariffs on generic drugs mean for China’s pharmaceutical industry?

Analysts say that China’s pivot from generics to innovative drugs means the industry is less exposed to US levies.

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Canada

Canadian provinces defy Trump’s tariff threat, keep US alcohol bans

China-Latin America relations

Brazil widens lead over US in China’s soybean market despite Trump-Xi deal

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Donald Trump

Trump orders new 50% tariff on many Canadian goods, escalating trade war

Ottawa says new duties violate USMCA as Trump uses untested 1930 law to hit Canadian imports.

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US President Donald Trump on Sunday. Photo: Reuters
European Union

France and Germany reach nuclear deal as Europe builds up defences

France is the only nuclear power in the 27-member EU, while Germany plans to build Europe’s strongest conventional military by 2039.

Donald Trump

Trump blames Canada for wildfire smoke, says he’ll add cost to tariffs

Smoke from Canadian fires has enveloped a swathe of the US, raising questions about conditions for Sunday’s World Cup final in New Jersey.

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China trade

Giant Japanese trade group plans China visit amid tense economic ties

Delegation from prominent Japanese organisation seeks October talks in Beijing and Xian to repair business partnerships after geopolitical disputes snarled exchanges.

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Asset id: 1075372364 China and Japan small flag with blur green background. Shutterstock Images
China trade

China headed for US$1 trillion trade surplus as exports soar

Torrid pace of export growth in June, fuelled by global AI boom, keeps country on track for another huge surplus despite Iran war headwinds and big rise in imports.

New Zealand

New Zealand-India trade, defence pact celebrated despite criticism

Anti-immigration members of Prime Minister Christopher Luxon’s coalition and anti-Modi members of the Indian diaspora opposed the deal.

US-China trade war

Did Trump’s tariffs paint the US into an economic corner?

The US and China have secured a fragile truce, but analysts warn Washington’s protectionist pivot marks a structural shift likely to last.

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Illustration: Mario Cameira
China-Latin America relations

A year into Trump’s tariffs, Brazil trades less with US and more with China

Trading report lands as USTR weighs extra 25 per cent levy and Flavio Bolsonaro tells hearing that Lula ‘licks China’s boots’.

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A worker washes coffee beans at a plantation near Pocos de Caldas, Brazil. Brazilian coffee exporters now sell most of their produce to Europe. Photo: AP
Spain

Spain plays down Trump’s trade embargo threat, saying there is ‘no tension’

US president threatened to cut off trade with Spain over its defence policy, but Madrid says relations are ‘calm’ and ‘positive’.

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United States

Trump still ‘disappointed’ with Nato, says US should control Greenland at summit

US president says he has ‘very good relationship’ with ‘loyal’ Turkey and is weighing up selling F-35 fighter jets to them.

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China-EU relations

Opinion | Europe could prosper as China’s trade ally rather than adversary

Europe missed its chance to make trade with China a win-win for both sides. It’s now opting for a trade war it’s unlikely to win altogether.

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Illustration: Craig Stephens
Canada

Canada picks German firm for new sub fleet deal, likely strengthening Nato ties

German firm TKMS beats Hanwha Ocean of South Korea to Canadian submarine agreement in a move expected to strengthen ties with Nato.

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Canada Prime Minister Mark Carney at HMC Dockyard in Halifax on Monday. Photo: The Canadian Press via AP
US-EU relations

US at 250: has Europe learned to survive Trump’s America?

The transatlantic alliance has become unpredictable and even hostile, and many are wondering how much road it has left to run.

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US-China relations

Don’t assume US decline will lead to its fall, warns Chinese scholar

Factors such as the US dollar and its lead in emerging technologies mean the US will be hard to supplant, academic Zheng Yongnian warns.

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US-China relations

Which Trump will show up at Nato summit? Odds are it will be the fuming one

US president’s impatience and distrust of multilateral groupings has Nato’s 31 other members walking on eggshells before next week’s key meeting.

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The jury's out on whether US President Donald Trump will turn up at next week's Nato meeting in Ankara, Turkey, as a team player or one who regularly slams the alliance. Photo: Reuters
US-China relations

Alibaba to pay US$600 million to settle US probe into illegal product sales

Amount resolves dispute with US government over allegations firm sold and imported illegal pharmaceuticals and controlled substances into US.

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US-China trade war

US backs away from USMCA trade deal, upset over Canada’s China ties

Beijing not named in official notice, but US trade chief blames Canada’s courtship of Chinese investment as major obstacle to new agreement.

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United States

Why China is the big fight in USMCA trade review as US refuses to extend deal

Officials from the US, Mexico and Canada will meet on Wednesday to review the agreement after Trump said he does not want to extend it.

US President Donald Trump with Canadian Prime Minister Mark Carney and Mexican President Claudia Sheinbaum in Washington in December. Photo: AP
Donald Trump

Trump threatens 100% tariff on countries that impose digital services tax

The US president singled out European nations in a push against foreign efforts to tax or regulate American tech giants.

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US President Donald Trump speaks during a Rose Garden Club dinner at the White House on Thursday. Photo: AFP
China trade

Why the Vietnam ‘detour’ for US-bound Chinese goods hit a dead end

Is finding another Hanoi haven possible, or would trying be a fool’s errand for Chinese firms looking to get the jump on Trump and evade tariffs?

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India

Are India-US trade talks nearing ‘last-mile bargaining’ amid strained ties?

US Trade Representative Jamieson Greer’s visit to India this week could help put the ‘final touch’ on a trade deal, analysts say.

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US-China trade war

US trade official takes aim at Beijing, faults Washington on industry

William Kimmitt criticises trade distortions linked to China while faulting US leaders for allowing industrial decline.

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William Kimmitt, US under secretary of commerce for international trade, speaks at the Hudson Institute in Washington on Thursday. Photo: X/Hudson Institute
US-China trade war

Opinion | Many countries are ‘quiet quitting’ the US and China on trade

While the US and Chinese markets are essential, other countries are making deals with each other in search of more diversified trade.

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Illustration: Craig Stephens
US-China relations

China’s US envoy calls for 10-fold rise in tariff-free trade under joint board

Ambassador Xie Feng tells Washington gala many American business friends share his view on direction of US-China Board of Trade.

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European Union

EU bows to Trump pressure on tariffs but warns of future chaos

Trump has threatened ‘much higher’ levies if the EU does not remove import duties on US industrial goods by July 4.

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