China and Japan are mending fences in the face of US tariffs. The two Asian giants put cordial relations on hold eight years ago due to squabbles over the Senkaku Islands. Now Donald Trump is helping to bring them back together.
China will take "counter-measures" after US President Donald Trump's raised tariffs on $200 billion of Chinese imports. Fears of escalation hit global stocks markets, which waver nervously awaiting a concrete response.
The tariff tiff between China and the US has reached levels unimaginable a year ago. But China is running out of ammunition and the global trade regime may be on the brink of big change, says DW's Timothy Rooks.
US President Donald Trump remains focused on reducing the American trade deficit, and Japan may be the next target. An American newspaper cites the president as saying he wants to make Tokyo "pay" for its surpluses.
Shares in Apple's Asia-based concept firms have tumbled after US President Donald Trump launched a broadside against the tech giant demanding it should move production to the US if it wanted to avoid tariffs on imports.
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