Donald Trump, once more, is moving to slash imports from China. Just like in his first term, the returning U.S. president wants to decouple from the world’s second-largest economy and establish self-sufficiency in key strategic sectors.
Escape from China' is the watchword in Vietnam for businesses offering an alternative to Beijing's communist encroachment, says Rainer Zitelmann.
In September, Chinese government forces allegedly assaulted Vietnamese fishermen in the contested Paracel Islands, leaving several with broken limbs. This prompted a rare public protest from Hanoi. Beijing said its personnel had been "professional and restrained.
China’s foreign ministry spokesman, Lin Jian, warns that China would fight ‘to the bitter end’ in ‘a tariff war, a trade war, or any other kind of war.’
A spate of drills by China’s military in the Indo-Pacific is testing the Trump administration’s commitment to regional security soon after its actions raised doubts about its alliances with European nations.
Taiwan says China violated norms and caused a "high degree of danger" by announcing "live-fire exercises without prior warning" just off its coast.
China is flexing its military muscle in the region to show that it will not wait for the Trump administration to decide how hard it wants to counter Beijing.
Vietnam, as with many other countries, is also highly exposed to Trump’s threats of reciprocal tariffs on US trading partners. He has also threatened to levy 25 per cent tariffs on steel imports, which could also hit Vietnam, the US’s fifth-biggest supplier of the metal.
The new tariffs on China come on top of a previous 10 per cent duty implemented earlier in February. Read more at straitstimes.com.
Guangxi Zhuang autonomous region will step up efforts to deepen cooperation with ASEAN countries and contribute to building the China-ASEAN community of common destiny, said deputies to the National People's Congress from the region's delegation during an open panel discussion in Beijing on Thursday.