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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.
Despite some of US President Donald Trump’s populist rhetoric, a C100 study has found that Americans broadly support Washington and Beijing working more closely together. Photo: AFP
US-China relations

US-China cooperation backed by most Americans, new national survey reveals

C100 study finds bipartisan public support for dialogue despite Washington’s tougher stance on visas, research collaboration and tariffs.

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Canada

Carney rolls eyes at Bessent, tells Trump he meant what he said at Davos

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Donald Trump

‘Taco Trump’ tally: US president carries out only 25% of tariff threats

India

India, EU ‘make history’ as they seal trade pact amid US tariff pressure

Both sides are ‘set to benefit’ from the deal that analysts say will underscore broader shifts under way in the global order.

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Indian Prime Minister Narendra Modi (centre) with European Council President Antonio Costa and European Commission President Ursula von der Leyen in New Delhi, India, on Tuesday. Photo: AP
South Korea

South Korea tariff hike: is Trump ‘sending message’ to US court ahead of ruling?

Trump’s message appears more focused on pushing through the US-South Korean trade bill than on permanently raising tariffs, analysts say.

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US-China trade war

Trump raises tariffs on South Korea as country ‘is not living up’ to trade deal

South Korea’s tariffs had declined to 15 per cent but will jump back up to 25 per cent if the US president stays true to his word.

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China-EU relations

European leaders say the quiet part out loud: order no longer constrains power

EU leaders appear to have finally accepted they are facing a new era of great power competition – the question now is how they respond.

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Illustration: Henry Wong
China-Latin America relations

Xi to meet Orsi in first Latin America-China visit since US capture of Maduro

State visit from February 1 to 7 aims to promote commercial ties with Beijing despite tension in region after US operation in Venezuela.

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Diplomacy

Opinion | Canada’s Carney charts a ‘third path’ for middle powers

Canadian Prime Minister Mark Carney has offered a principled and pragmatic agenda for nations navigating a new era of great power rivalry.

European Union

EU lawmakers divided over resuming work on US trade deal after Greenland crisis

The EU, which suspended the deal in protest against Trump’s demand to take over Greenland, has put off a decision until next week.

A drone view of Nuuk, Greenland. Photo: Reuters
Canada

Carney links Trump’s 100% tariff threat to North America trade deal review

Canada’s prime minister calls Donald Trump a ‘strong negotiator’ ahead of high-stakes USMCA talks.

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Canadian Prime Minister Mark Carney said some of US President Donald Trump’s threats should be viewed as bluster. Photo: TNS
Banking & finance

In a turbulent world, funding Asia’s critical infrastructure a ‘duty’: AIIB

New president says private capital and international cooperation essential to funding infrastructure projects across continent.

US-China relations

US treasury secretary amplifies Trump’s threat to Canada over China dealings

Scott Bessent warns Washington will not allow Canada to become an ‘opening’ for cheap goods from China to pour into the US.

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European Union

Opinion | In dealing with Trump, Europe must realise power respects power

Instead of outsourcing its defence capacity to Washington and limiting economic ties with Beijing, the EU should focus on building leverage.

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Illustration: Craig Stephens
India

EU envoys top guests at India celebration to seal trade deal

India and the EU have tried to cut dependence on Russia and the US respectively by diversifying imports and pushing their own domestic manufacturing.

European Commission President Ursula von der Leyen and India’s Prime Minister Narendra Modi arrive for a photo opportunity ahead of their meeting at the Hyderabad House in New Delhi, India, on February 28 last year. Photo: Reuters
US-China relations

China to ‘quietly track’ Greenland developments amid Arctic ambitions: analysts

Beijing to focus on maintaining its ‘constructive relationship with US’ and does not need to ‘disrupt that over Greenland’, say experts.

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India

India, EU ramp up push for ‘historic’ free-trade deal amid US tariff tensions

A trade pact with the EU would offer an ‘alternative market’ for Indian goods amid a fraught global environment, analysts say.

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European Union

Macroscope | Why Europe struggles to stand up to Trump

Despite being equipped with powerful tools in its economic arsenal, Brussels lacks the leverage needed to keep Washington in check.

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Nato Secretary General Mark Rutte (left) speaks to US President Donald Trump during a bilateral meeting on the sidelines of the annual World Economic Forum meeting in Davos, Switzerland, on January 21. Photo: AFP
United States

Trump’s freewheeling Davos speech stirs unease among global audience

Harsh rhetoric from the US leader at forum combined threats towards allies with praise for traditional adversaries during a 70-minute talk.

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European Union

Explainer | What is the ‘trade bazooka’ the EU may use against Trump’s Greenland threats?

Under pressure from the US president, the bloc is considering measures that could inflict billions of dollars of losses on American firms.

United States

Trump lays out Greenland-Arctic deal framework, pauses February tariffs

In his speech to the World Economic Forum in Davos, the US president vowed not to invade Greenland while slamming Nato and Europe.

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US President Donald Trump waves to the audience after his speech during the Annual Meeting of the World Economic Forum in Davos, Switzerland on Wednesday. Photo: AP
Donald Trump

How Asia’s economies could benefit from Trump’s global power plays

Countries such as Canada are looking to diversify their customers, particularly for oil and gas, with ‘a strong focus on Asia’, analysts say.

An illustration shows a 3D-printed miniature model of US President Donald Trump, the EU flag and the word “Tariffs”. Photo: Reuters
World Economic Forum (WEF) in Davos

Macron urges Europe to hit back against Trump’s threats

French president advocates use of the EU’s anti-coercion mechanism against US tariffs, as he warns of moving ‘towards a world without rules’.

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China trade

China’s zero-tariff gambit: why Beijing is slashing duties as Trump raises them

China’s average effective tariff rate estimated to be as low as 1.3 per cent in 2025, helping it secure raw materials and build soft power.

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World Economic Forum (WEF) in Davos

China’s He Lifeng warns of ‘law of the jungle’, blasts protectionism, at Davos

Amid escalating transatlantic rifts fuelled by Donald Trump, vice-premier urges global cooperation, free trade and dialogue, pledging to boost imports and open China’s market.

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Vice-Premier He Lifeng delivers a speech during the World Economic Forum annual meeting in Davos, Switzerland, on Tuesday. Photo: AFP
Indonesia

US drone demand puts Indonesia’s strategic balance to the test

According to a leaked document, Washington proposed lowering tariffs if Indonesia bought US-made drones and publicly announced the purchase.

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Indonesian President Prabowo Subianto and his US counterpart Donald Trump shake hands during a world leaders’ summit in Egypt in October 2025. Photo: Reuters
Donald Trump

Trump threatens 200% wine tariff to push France to join ‘Board of Peace’

US president targets France after it was lukewarm about the US$1 billion invitation to join his new global body.

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China-EU relations

Editorial | China-EU compromise over EVs bodes well for trade and overall ties

With the Trump administration turning aggressive towards allies and foes alike, Beijing and Brussels have more reasons to work together.

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