82 m. ago Brics leaders silent about Trump’s threat of more US tariffs on member nations

The leaders of Brics nations remained silent on Monday in the face of US President Donald Trump’s latest tariff threat against the bloc, offering no public response to what critics called an alarming act of economic intimidation. Trump said on Sunday that he would impose an additional 10 per cent tariffs on imports from Brics members and aligned countries that pursue what he called the group’s “anti-American policies” after Brics issued a leaders’ declaration condemning tariffs, unilateralism...

Politics

4 h. ago Chinese AI scientists, Beijing’s message to Brics: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. Trump vows tariff boost for ‘anti-American’ policies as China urges Brics action US President Donald Trump has threatened to slam an additional 10 per cent tariffs on countries supporting what he calls “anti-American policies” after the leaders of Brics nations condemned unilateral tariffs. 2. Australia’s Albanese to address Darwin Port sale on China...

Politics

8 h. ago Beijing rejects Trump’s tariff warning, says Brics promotes ‘win

Beijing rejects Trump’s tariff warning, says Brics promotes ‘win-win cooperation’  Malay Mail

Events

9 h. ago Trump’s Vietnam tariff pact challenges Asean unity in key summit

Southeast Asian nations are scrambling to recalibrate their approach to US tariffs ahead of a key diplomatic gathering that starts in Kuala Lumpur on Tuesday, as Washington’s preference for one-on-one trade deals casts doubt over Asean’s collective bargaining power. US President Donald Trump on Sunday announced a delay to the next round of his sweeping “Liberation Day” tariffs – pushing the deadline from July 9 to August 1 – to give time for finalising deals with 18 major trade partners,...

Politics

11 h. ago Li Qiang urges Brics collective action as Trump tariff deadline looms

Chinese Premier Li Qiang has urged Brics nations to lead reforms of global governance, calling on member states to uphold independence and act collectively amid the threat of higher tariffs from the United States. “As the leading bloc of the Global South, Brics countries should strive to be a pioneering force in advancing the reform of global governance,” Li said in a speech at the Brics summit on Sunday. At an event widely seen as a direct challenge to the Western-led world order, the premier...

Politics

11 h. ago As tariff truce deadline nears, China’s premier has a message for Brics nations

Chinese Premier Li Qiang has urged Brics nations to lead reforms of global governance, calling on member states to uphold independence and act collectively amid the threat of higher tariffs from the United States. “As the leading bloc of the Global South, Brics countries should strive to be a pioneering force in advancing the reform of global governance,” Li said in a speech at the Brics summit on Sunday. At an event widely seen as a direct challenge to the Western-led world order, the premier...

Politics

33 h. ago Investors head into Trump tariff deadline benumbed and blasé

Investors head into Trump tariff deadline benumbed and blasé  Reuters

Economics

3 d. ago Trump tariffs live updates: Trump to start sending out tariff letters as July 9 deadline looms

Trump tariffs live updates: Trump to start sending out tariff letters as July 9 deadline looms  Yahoo Finance

Politics

5 d. ago US to impose 500% tariff on India, China over Russia business ties? Trump gives nod to Senate bill | World News

US to impose 500% tariff on India, China over Russia business ties? Trump gives nod to Senate bill | World News - Hindustan Times  Hindustan Times

Economics

5 d. ago Trump tariffs live updates: Trump suggests he won't extend tariff pause, floats higher tariff level for Japan

Trump tariffs live updates: Trump suggests he won't extend tariff pause, floats higher tariff level for Japan  Yahoo Finance

Politics

6 d. ago Trump tariffs live updates: Trump pursues mini trade deals as tariff deadline nears

Trump tariffs live updates: Trump pursues mini trade deals as tariff deadline nears  Yahoo Finance

Politics

6 d. ago Trump tariffs live updates: Trump threatens to send Japan new tariff rate; EU open to universal tariffs

Trump tariffs live updates: Trump threatens to send Japan new tariff rate; EU open to universal tariffs  Yahoo Finance

Politics

1 week ago As Trump touts tariff deal, China pitches itself as global trade leader

As Trump touts tariff deal, China pitches itself as global trade leader  The Washington Post

Politics

1 week ago Trump tariffs live updates: Trump may extend tariff deadline, CEA chair Stephen Miran says

Trump tariffs live updates: Trump may extend tariff deadline, CEA chair Stephen Miran says  Yahoo Finance

Politics

2 w. ago As Hong Kong’s financial sector soars, what about food and retail?

Hong Kong is at risk of splitting up into two economies. On one end, Hong Kong’s financial, professional and business services are being revived on the back of China’s resurgent, tech-driven economy and the shifting balance of power between Washington and Beijing. US President Donald Trump’s global tariff war, announced on April 2, was supposed to kneecap the world. But the shock and awe unleashed have rapidly dissipated due to rising misgivings about the looming fiscal crisis, compounded by the...

Politics

2 w. ago Caught in the chip war, Malaysia must rethink its US–China balancing act

Malaysia has landed in another tight spot – this time over claims Chinese engineers may have accessed high-end Nvidia chips on its soil to train artificial intelligence models, potentially breaching US export controls. The timing could hardly be worse. Trade Minister Tengku Zafrul Aziz and Second Finance Minister Amir Hamzah Azizan were in Washington this week to negotiate down a steep 24 per cent “reciprocal tariff” imposed by US President Donald Trump in April. Now, their efforts risk being...

Events

3 w. ago Trump tariffs live updates: EU weighs 10% tariff deal as Trump's July deadline looms

Trump tariffs live updates: EU weighs 10% tariff deal as Trump's July deadline looms  Yahoo Finance

Politics

3 w. ago Trump tariffs challenge Asean’s unity and economic stability

When US President Donald Trump’s tariff chaos eventually calms, its long-lasting consequences will significantly affect the area just south of China and east of India – Southeast Asia – and its organisational bloc, the Association of Southeast Asian Nations (Asean). Trump’s focus on protectionism is likely to replace uniform tariffs with varying import taxes for different countries. This shift could create divisive and harmful effects for Southeast Asia and Asean, which are interchangeable but...

Economics

3 w. ago Trump tariffs live updates: Trump threatens to set unilateral tariff rates within weeks

Trump tariffs live updates: Trump threatens to set unilateral tariff rates within weeks  Yahoo Finance

Politics

3 w. ago Trump Says Trade Deal With China is ‘Done,’ Imposes 55% Tariff

Trump Says Trade Deal With China is ‘Done,’ Imposes 55% Tariff  TechRepublic

Politics