- Trump's trade policy impacts China, leading to regional trade shifts in Southeast Asia and tariff truce talks in Sweden.
- Trump's meeting signals lower tariffs and tracks freight rates between Asia and the U.S.
US Imposes New Tariffs on 60 Asia-Pacific Economies
What happened
The United States announced new tariffs on goods from 60 trading partners, with rates ranging from 10 percent to 12.5 percent. The tariffs were implemented citing Section 301 of the Trade Act of 1974, which allows the US president to penalize countries that have failed to curb forced labor in their supply chains. These measures took effect recently.
From chinadaily.com.cn
Why it matters
These new trade measures are expected to further weigh on Asia-Pacific economies, which are already grappling with high energy prices, a looming super El Nino, and disruptions from the Middle East crisis. Analysts have noted that the tariffs represent a key risk for policymakers in the region.
Donald Trump's trade policy impacts China, leading to regional trade shifts in Southeast Asia and tariff truce talks in Sweden.
From chinadaily.com.cn
Who's involved
- Donald TrumpPresident of the United States, whose administration imposed the new tariffs.
- Jamieson GreerUnited States Trade Representative who announced the latest round of tariffs.
- ChinaA major economy in the Asia-Pacific region affected by US trade policy.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
How it developed
Newest first. Tap a step to see who reported it.- Trump's tariffs are causing economic pressure on allies, weakening US alliances in the Indo-Pacific region amid Chinese pressure.Sub-event
- US tariffs are differentially affecting the economies of Vietnam and Thailand.Sub-event
- The US imposes new tariffs on imports originating from the Philippines.Sub-event
US tariffs are weighing on Asia-Pacific economies.1 source
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The entities involved
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
Related events
- Talks involving Donald Trump are focusing on trade, technology, and Taiwan in the Pacific region.
- Global tariffs from Donald Trump began on August 4, 2025, impacting international markets and financial news services like Bloomberg L.P.
- Tariffs from U.S. President Trump are being implemented, creating economic challenges for British Columbia.
- The Trump administration is currently negotiating tariffs.
- Donald Trump announced potential tariffs on goods imported from India.
Coverage
Newest first; wire copies grouped- chinadaily.com.cnNew tariffs to weigh on Asia-Pacific