Seoul, Beijing and Tokyo are major U.S. trading partners, although they have been at loggerheads among themselves over issues, including territorial disputes.
Ahead of the rollout of US President Donald Trump’s reciprocal tariffs, China has reached out to fellow Asian countries in an apparent bid to create partnerships to minimise the fallout from tariffs
The top diplomats from Japan, China and South Korea met in Tokyo on Saturday, seeking common ground on East Asian security and economic issues amid escalating global uncertainty.
China, Japan, and South Korea agreed to a joint response to US tariffs after their first economic dialogue in five years. They plan to strengthen supply chains, cooperate on export controls, and pursue a free trade agreement.
The trip was clearly intended to remove recurring questions on Taiwan, for which Congress last year approved the sale of $1 billion in arms and equipment.
Stocks in auto export powerhouses Japan and South Korea both plunged Monday in anticipation of stiff new tariffs on Asian goods imported into the U.S. that are set to go into effect Wednesday.
China, Japan, and South Korea—three of Asia’s leading economic powerhouses—have pledged to strengthen regional trade cooperation as they brace for
Foreign ministers from Japan, China and South Korea sought common ground in areas like aging, low birth rates, natural disasters and cultural exchange at a meeting that took place at a time of growing tensions.
The comments came after the three countries held their first economic dialogue in five years. Read more at straitstimes.com.