Asia is preparing for tariffs

 

Asian countries have largely diverged in their reactions to the import fees. While China has hit back with retaliatory tariffs, others have hit the phones to negotiate.

Trump shared on Truth Social that he’d had a “great call” with South Korea’s acting president Han Duck-soo, posting that , externalthe two “have the confines and probability of a great DEAL for both countries”.

He claimed “China also wants to make a deal, badly, but they don’t know how to get it started. We are waiting for their call. It will happen!”

Meanwhile, Reuters reports India is also in talks with the White House and could implement a cut on US products imported into India of up to $23bn (£17.9bn) in an attempt to lower its own fees for sending products to the US.