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South China Morning Post
an hour ago
- South China Morning Post
Trump confirms August 1 deadline for tariffs on US trading partners with ‘no extensions'
President Donald Trump said on Tuesday that he would not extend an August 1 deadline for higher US tariffs to take effect on dozens of economies, a day after he appeared to signal flexibility on the date. While Trump imposed a sweeping 10 per cent tariff on goods from almost all trading partners in April, higher rates customised to dozens of economies were unveiled, then halted until July 9. But the US president this week again delayed their reimposition, pushing it back to August 1. Trump insisted that there would be no further delay in the tariffs. 'There will be no change,' he posted on social media. He added that levies would start being paid on August 1, in line with letters now being sent out to trading partners. 'No extensions will be granted,' Trump said.
South China Morning Post
an hour ago
- South China Morning Post
In global survey, US cited more often than China as greatest ally and threat
A new survey of citizens in 25 middle- and high-income countries has found that the US is more likely than China to be seen as their most important ally – and their greatest threat. Advertisement In the survey it released on Tuesday, the Pew Research Centre polled nearly 40,000 adults from the world's six populated continents – including those in the US and the four Asian nations of India, Indonesia, Japan and South Korea – between January 8 and April 26. Respondents were not given a list of countries from which to choose; instead, they were asked to name allies and threats that came to mind. In Canada, Indonesia, South Africa and five other countries, the US was the most commonly mentioned threat. By contrast, China was seen as the top threat by a plurality of respondents in just three countries: the US, Australia and Japan. Advertisement But respondents in some countries, including Brazil, Canada and Mexico, cited the US as both top threat and top ally.
South China Morning Post
3 hours ago
- South China Morning Post
Will US tariff pressure on Japan and South Korea push them closer to China?
Even as Washington ramps up pressure on Japan and South Korea to settle trade disputes with the US, diplomatic observers believe tariffs imposed by US President Donald Trump are not likely to push its two Asian allies closer to Beijing. However, they suggest that the trade tensions could create an opportunity for China to offer stronger incentives to enhance trilateral cooperation with Tokyo and Seoul. The assessment was made following US announcements that reciprocal tariffs on Japan and South Korea had been raised to 25 per cent , effective from August 1. Zhang Yun, a professor of international relations at Nanjing University, said that tariff tensions might bring the three countries to develop closer ties, but Tokyo and Seoul would not abandon their alliance with Washington. 01:42 Trump imposes 25% unilateral tariffs on Japan, South Korea amid slow negotiation progress Trump imposes 25% unilateral tariffs on Japan, South Korea amid slow negotiation progress He added that the pragmatic and less ideology-driven characteristics of Japanese and Korean leaders pushed them to pursue stable ties with China, which would be inclined to offer further incentives to promote economic cooperation.
