East Asia faces fresh US tariffs, China rare earth curbs: 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. Apparently impatient Trump slaps 25% tariffs on Japan, South Korea

US President Donald Trump, apparently impatient with the slow progress of negotiations, on Monday slapped 25 per cent unilateral tariffs on Japan and South Korea and equal or higher import taxes on several other nations ahead of a self-imposed Wednesday deadline.

2. Rare earth dominance: why China still holds the cards despite global pushback

Beijing’s recent export controls on rare earths have spurred a flurry of international efforts to diversify supply chains and reduce China’s long-standing dominance in critical minerals.

3. ‘Pressure and division’: why Trump’s 14-nation tariff package puts China on edge

When US President Donald Trump signed an executive order on Monday to extend a pause on “reciprocal” tariffs until August 1, it offered little comfort to China. Instead, Beijing’s policymakers may feel increasingly cornered, as Washington also moved to target 14 countries – many of them China’s close trading partners – with tariffs of up to 40 per cent.

4. China’s trade war strategy? Bet on Guizhou, long one of its poorest provinces

  

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