Japan's tariff czar has jetted off to Washington with the task of getting two sides friendly but far apart on trade issues at least somewhat closer. https://www.japantimes.co.jp/business/2025/04/16/economy/akazawa-tariff-washington/?utm_medium=Social&utm_source=mastodon #business #economy #usjapanrelations #tariffs #trade #donaldtrump #shigeruishiba #carmakers #cars #japaneseeconomy #ryoseiakazawa #tradewar

CHINA | US
China Escalates Trade War, Halts US Cargo via Hong Kong

Hong Kong stops all US-bound cargo shipments amid tariff standoff.

"The official X account from the Trump White House was hit with a Community Note after posting that US auto tariffs are justified against Germany since that country supposedly imposes a 100% tariff on US cars. But that was a blatant lie - Germany abides by the EU’s 10% tariff on all imported cars."

~ Ron Filipkowski

#Trump #tariffs #TradeWar #disinformation #lies

https://www.meidasplus.com/p/today-in-politics-bulletin-113-41525

"America’s ability to fight a trade war is severely damaged by our descent into authoritarian rule. A few months ago other advanced countries might have been inclined to take our side because of shared democratic values."

~ Paul Krugman

#Trump #tariffs #TradeWar #authoritarianism
/1

https://paulkrugman.substack.com/p/why-trump-will-lose-his-trade-war

"Nvidia (NVDA) stock sank as much as 6.9% premarket Wednesday after the AI chipmaker disclosed that it would take a $5.5 billion hit from the US government's surprise new controls on its semiconductor exports to China."
https://finance.yahoo.com/news/nvidia-stock-dives-as-chipmaker-sees-55-billion-hit-from-surprise-china-chip-controls-130319576.html

“…you can’t make deals with other countries unless foreign governments believe that you will honor the agreements you make. Trump has already destroyed U.S. credibility on that front, ripping up all our existing trade agreements, then making wild changes in his own tariffs every few days.”
—Paul Krugman, Why Trump Will Lose His Trade War
https://paulkrugman.substack.com/p/why-trump-will-lose-his-trade-war
#trump #usa #tariffs #tradewar

Hong Kong on Wednesday said it would stop mailing goods to the U.S. amid Washington's "bullying,"

> #Hongkong Post announced that it would stop accepting surface mail parcels destined for the #US with immediate effect, considering the delivery time to cross the Pacific, as the duty-free "de minimis" treatment for goods worth $800 or less will be abolished May 2. https://archive.is/2025.04.16-111914/https://asia.nikkei.com/Economy/Trade-war/Hong-Kong-stops-U.S.-bound-parcels-strikes-defiant-tone-on-tariffs #DonaldTrump's #TradeWar #China #tariffs

Martyn Turner @turnercartoons on #TradeWar #Trump #TrumpTarrifs – political cartoon gallery in London original-political-cartoon.com

China halts delivery of Boeing jets

> Chinese #airlines are under instructions not to take delivery of planes from #US manufacturer #Boeing, according to a Bloomberg report. It comes as trade war between Beijing and Washington continues to gain momentum. https://www.dw.com/en/china-halts-delivery-of-boeing-jets-report/a-72248102 #China #tradewar #tariffs #aviation

#China's #economy grew 5.4% year-on-year in the first quarter, data showed on Wednesday, beating expectations, but the escalating #TradeWar w/the #UnitedStates has darkened the outlook & raised pressure on Beijing to roll out more stimulus.

#geopolitics #GlobalEconomy
https://www.reuters.com/world/china/chinas-q1-gdp-grows-54-yy-beating-expectations-2025-04-16/

Financial Times reported China can make American #consumers feel the pain of a #tradewar in variety of different ways heading into the summer months and holidays, noting that US #imports 80% of their #iPhones from #China with other key sectors of US consumer goods reflect a very high percentage of imports from China:
90% of #rareearthminerals in the US come from China
80% of air conditioners
80% of electric fans
75% of #toys
75% of #bicycles
50% antibiotics #pharma #medicine #healthcare #economy

nope. sorry not sorry Gavin.
#canpoli #cdnpoli #tradewar #TheAmericanFascist https://mastodon.hongkongers.net/@cbcbc_mirror/114344519912775641

#tomatoes #tariffs #claudiasheinbaum #trump #tradewar

The Mexican president basically called Trump and idiot ;

“ Mexico’s President Claudia Sheinbaum said the countries will likely work to resolve the dispute before the duty begins.

“The quantity of tomatoes that we export to the US can’t be substituted,” Sheinbaum said to reporters. “This process has happened many times, and Mexico always comes out winning. But if this sanction is applied, Mexican tomatoes will still be exported to the US, because there’s no substitute.”

https://finance.yahoo.com/news/us-impose-21-tariff-mexican-231939713.html

Why Beijing Is Standing Up to Trump.

https://foreignpolicy.com/2025/04/14/china-trump-trade-war-xi/ #China #USA #Trump #Tariffs #TradeWar #Geopolitics #Politics