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China Is an Indispensable US Trade Partner. Will Trump’s Tariffs Hurt Beijing?

The tariffs imposed on China’s exporters will likely be paid by American consumers.

Published on: April 03, 2025 | Source: The Diplomat favicon The Diplomat

Canada hits US car sector with 25 per cent tariffs, mirroring Trump’s move

Canada was spared Trump’s ‘reciprocal tariffs’, but new 25 per cent US tariffs on foreign-produced vehicles still took effect on Thursday.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

Fitch cuts China rating on weakening finances, debt concerns, following Trump tariffs

China’s Ministry of Finance reacted strongly, describing the decision to downgrade from “A+” to “A” as biased and not reflective of reality.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

French creche worker jailed for 25 years over drain-cleaner killing of baby

Myriam Jaouen, 30, admitted at the court in Lyon to making the infant drink the toxic fluid at the nursery where she worked in 2022.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

Russia’s Complicated Strategic Frontiers in Southeast Asia

Southeast Asia is an especially appealing strategic frontier in Moscow’s dream of a multipolar world. But the reality of Russian engagement in the region is complicated.

Published on: April 03, 2025 | Source: The Diplomat favicon The Diplomat

France’s Macron urges firms to halt US investments in ‘collective solidarity’

Macron also insisted the EU should not be shy when responding to US tariffs.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

US Senate panel approves Trump pick Paul Atkins as SEC chairman

In a party-line vote, the committee voted 13-11 to approve Paul Atkins as chair of the US Securities and Exchange Commission.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

Trump’s ‘Liberation Day’ tariffs will hit US hardest

We now have a clearer picture of Donald Trump’s “Liberation Day” tariffs and how they will affect other trading nations, including the United States itself. The US administration claims these tariffs on imports will reduce the US trade deficit and address what it views as unfair and non-reciprocal trade practices. Trump said this would forever […] The post Trump’s ‘Liberation Day’ tariffs will hit US hardest appeared...

Published on: April 03, 2025 | Source: Asia Times favicon Asia Times

Apple, Tesla, Walmart among US firms seen hit by Trump’s tariffs on China

For perspective, the tariffs could wipe out 9 per cent of Apple’s gross margin – unless the added costs are passed through or an exemption is granted, analysts found.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

The India-US Trade Dilemma: Tariffs, Tensions, and the Road Ahead

New Delhi faces a difficult choice between attempting to ease tariffs through diplomatic channels or imposing counter-tariffs on U.S. goods.

Published on: April 03, 2025 | Source: The Diplomat favicon The Diplomat

Man sets himself and car on fire in Amsterdam’s Dam square

Police said they suspected it was a possible attempt by the 50-year-old Dutch national to take his own life.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

On Defense, Trump’s Early Moves in Asia Have Been Notably Normal

Despite its high-decibel MAGA rhetoric, the administration has largely upheld the regional commitments made during Joe Biden's presidency.

Published on: April 03, 2025 | Source: The Diplomat favicon The Diplomat

Trump tariffs: ‘bad news for all’ as Asia hard hit by levies, amid fears of global trade war

‘Disproportionately stiffer’ tariffs for the region will be detrimental to growth for export-reliant Asian economies, experts warn.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

US stock market leads global decline after Trump unveils tariffs

Prices fell for everything from gold to crude oil to Big Tech stocks to small companies that invest only in US real estate.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

Philippines offered 20 US F-16 fighter jets in major defence upgrade, amid China tensions

Experts stress the urgent need to upgrade the Philippine Air Force due to its limited capabilities in defending against China’s military presence.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

Trump’s 32% tariff on Taiwanese imports stuns Taipei: ‘deeply unreasonable’

Cabinet spokeswoman says Taiwan will ‘lodge solemn representation’ with US trade representative and push for negotiations to protect its interests.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

Modi’s Waqf Bill a Potential Death Blow for Muslim Property Rights

Although the Indian government has justified the revisions in terms of transparency and anti-corruption, there is little reason to assume it is acting in good faith.

Published on: April 03, 2025 | Source: The Diplomat favicon The Diplomat

Beijing’s top man in Hong Kong says city remains ‘safest’ in ‘chaotic world’

Zheng Yanxiong, director of central government’s liaison office, discusses significance of ‘two sessions’ for Hong Kong in meeting with city leader John Lee and other top local officials.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

Hong Kong lawmaker calls for support of city’s Web3 sector after Tron founder flags fraud

The call comes after cryptocurrency mogul Justin Sun denounced alleged ‘loopholes’ in Hong Kong’s trust regulations.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

Beijing slams new tariffs, US diplomats in China get romance ban: SCMP daily highlights

From China’s reaction to ‘bullying’ tariffs to a romance ban on American diplomats in Chinese cities, here’s a round-up from today’s China coverage.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

Hong Kong’s Li Ka Shing Foundation, Singapore’s Temasek donate cancer treatment machines

Both organisations donate two histotripsy systems worth S$12 million to health research centres in city state.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

As Trump decrees ‘de minimis’ exemption dead for China goods, what’s the ‘bottom line’?

The order, likened to ‘closing a loophole’, could ‘significantly increase administrative and compliance costs’ for the US, and Chinese firms can still stay competitive, analysts say.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

PLA puts US military on notice over ‘dangerous’ activities near China

Warning follows maritime security meeting in Shanghai between US and Chinese personnel.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

The Man Who Would be King Again? Former Nepal King’s Delusions of Power

The rise of Hindu fundamentalist and monarchist groups has made Nepal volatile and could lead to widespread anarchy.

Published on: April 03, 2025 | Source: The Diplomat favicon The Diplomat

China’s lidar sensor makers Hesai, RoboSense stand to gain after fatal Xiaomi SU7 EV crash

Adoption of the laser-based sensors will increase as consumers demand safe self-driving systems, analysts say.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

More incentives needed to spur new ecotourism areas in Hong Kong: experts

Francis Lam, former president of the Institute of Surveyors, warns the need for infrastructure significantly affects project’s financial viability.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

How Sri Lanka is Rewriting its Economic Narrative

By prioritizing transparency, the Sri Lankan government aims to rebuild trust with international lenders and investors, a critical step in stabilizing the economy.

Published on: April 03, 2025 | Source: The Diplomat favicon The Diplomat

Japan issues megaquake warning, but many travellers from Hong Kong undeterred

Tour bookings remain steady while insurance executives urge travellers to secure coverage.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

An Asia racked by natural disasters needs insurers to step up

Instead of withdrawing from high-risk areas, Asia’s insurers must become an active partner in long-term climate risk management.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

PLA takes aim at Taiwan’s coastal fuel depot in Strait Thunder 2025A war games

Ground forces fire on drill target that looks a lot like the island’s main LNG storage facility.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

The EU and Central Asia Can Forge a Strategic Partnership Through Connectivity

The Samarkand summit marks a watershed moment in EU-Central Asia relations at a time when the international order is undergoing a fundamental realignment.

Published on: April 03, 2025 | Source: The Diplomat favicon The Diplomat

Hong Kong condemns US tariffs, duty-free parcel cancellation as ‘bullying’

Lawmaker Kennedy Wong also says most manufacturers in China will not absorb tariff hikes themselves.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

Marco Rubio says US committed to Nato but tells allies to spend more

Trump has demanded Nato more than double its current spending target to five per cent of GDP – more than any, including the US, spend now.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

Thais outraged by expensive furniture for now-collapsed Bangkok tower

Corruption watchdog page reveals list of items including sofas costing nearly US$5,000 and 28 rosewood armchairs for State Audit Office building.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post

Hong Kong woman dies during 100-metre training dive in Philippines

Dive is part of technical training for advanced divers who have already made 40-metre and 60-metre descents.

Published on: April 03, 2025 | Source: South China Morning Post favicon South China Morning Post