Trade Relations - The Philippines and India will discuss trade relations during Philippine President Ferdinand Marcos Jr's state visit to India [1] Defense Relations - The Philippines and India will discuss defense relations during Philippine President Ferdinand Marcos Jr's state visit to India [1]

Trade Relations & Tariffs - Brazil and Mexico seek closer trade ties amid rising tariff concerns [1] - The report mentions potential tariffs between 15% and 50% imposed by the US on its trade partners [1] Latin American Economies - The report highlights the "two faces" of Argentina under Milei [1]

Trade Relations - Canada's senior officials advocate repairing trade relations with China [1] - US tariff policy is seen as a factor pushing Canada towards dealing with China [1] Geopolitical Strategy - Canada is considering strengthening economic ties with Asia's largest economy [1]

US-Japan Relationship Crisis - The US-Japan relationship faces its worst crisis in 25 years due to Donald Trump's transactional approach to defense and trade [1] - Escalating trade crisis could directly affect the balance of security across the Asia-Pacific region [3] - The US President regards Japan's $68 billion trade surplus as a sign of unfair trading practices [2] Political Dynamics - Current Japanese Prime Minister, Shigedu Ishiba, is having a harder time managing the relationship compared to former Prime Minister Shinszo Abbe [3] - The failure of Japan to recalibrate rapidly enough is a question for the US-Japan relationship [4] - Uncertainty around the US-Japan relationship suggests that both sides may have misread the others priorities [2]

Group 1 - China's dependence on Iranian and Russian oil is a significant issue in upcoming U.S.-China trade talks [1] - Beijing is the top importer of Iranian oil and the second-largest importer of Russian oil despite U.S. sanctions [1] - The Trump administration plans to address China's oil trade in the near future, with previous negotiations held in Geneva and London [4] Group 2 - Tariff revenues have reached record highs, generating $100 billion so far [2] - The U.S. has raised tariffs on Chinese goods multiple times this year, with the highest duty reaching 145% in April and the current levy at 30% [5] - American goods imported by China face a 10% duty [5] Group 3 - The U.S. aims to curb China's status as the world's manufacturing powerhouse, which currently accounts for 30% of global manufacturing [6][7] - There is a call for China to limit its massive export economy and enhance its role as a global trade partner, which could benefit the U.S. manufacturing sector [8]

By ditching tariffs on almost all African countries China is signalling to the continent that it is different from America and committed to addressing trade imbalances. Yet Africa is not about to give up on Donald Trump https://t.co/l3DcL0A8b3 ...