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SKorea, PRC, Japan Agree to Deepen Ties Amid Looming US Tariffs

  • #China
  • #Economic conditions & trends
  • #Japan
  • #South Korea
  • #United States of America
SKorea, PRC, Japan Agree to Deepen Ties Amid Looming US Tariffs
story
MAR 31
Above: The trade ministers from China, Wang Wentao (R), and Japan, Yoji Muto (L), pose for photographers alongside South Korea's Ahn Duk-geun (C) at the 13th Trilateral Economic and Trade Ministers' Meeting in Seoul on March 30, 2025. Image copyright: Jung Yeon-je/Contributor/AFP via Getty Images
story last updated MAR 31

The Spin

Pro-Trump narrative

President Donald Trump's tariffs are essential for protecting American manufacturing jobs and addressing critical national security concerns, including drug trafficking and illegal immigration. They will also encourage automakers to shift production to the US where they will pay no tariffs.

The White HouseNew York Post

Establishment-critical narrative

Trump's trade tariffs are prompting Asian countries to enhance their trade relationships. Regional economic cooperation in Asia is crucial for countering rising US protectionism and maintaining stable global trade relations. Asian nations — now including traditional Western allies and China — are showing their commitment to free trade principles and multilateral cooperation by reinforcing partnerships and agreements.

Global TimesThe Japan Times

Democratic narrative

The proposed tariffs would devastate the North American auto industry by disrupting established supply chains and significantly increasing production costs, potentially leading to job losses and higher prices for consumers while giving Asian and European manufacturers a competitive advantage.

ForbesTime

Metaculus Prediction


Public Figures

Donald Trump


The Controversies


UNLIKELYLIKELY
Status:Open
Will the Proposed Trump Tariffs Increase the Price of Groceries/Goods/Services?
Controversy
MAR 31MAR 31

Articles on this story

Democrats Call Out Trump After He Says Tariffs Will Cause ‘A Little Disturbance’
ForbesMAR 1
‘Big 3’ Automakers Get Brief Reprieve from Trump’s Tariffs
TimeMAR 1
South Korea, China, Japan agree to promote regional trade as Trump tariffs loom
CNBCMAR 29
Anti-Trump UAW president backs tariffs on foreign-made cars: ‘They could bring work back in very short order’
New York PostMAR 29
China wants to talk trade but its ready to fight the US, as Trumps tariff deadline nears
CNNMAR 29
China, South Korea and Japan agree to strengthen free trade
BreitbartMAR 29
South Korea China Japan Agree Promote Regional Trade Trump Tariffs Loom 2025 03 30
ReutersMAR 29