South Korea, China and Japan held their first economic dialogue in five years on Sunday, seeking to facilitate regional trade as the three Asian export powers brace from U.S. President Donald Trump's tariffs.
From left: Chinese Foreign Minister Wang Yi, Japanese Foreign Minister Iwaya Takeshi, and South Korean Foreign Minister Cho Tae-yul gather for the Eleventh Japan-China-ROK Trilateral Foreign Ministers’ Meeting, Tokyo, Japan, Mar. 22, 2025.
Ahead of the rollout of US President Donald Trump’s reciprocal tariffs, China has reached out to fellow Asian countries in an apparent bid to create partnerships to minimise the fallout from tariffs
President Trump's reciprocal tariffs on Japan (24%) and South Korea (25%) were largely in line with market expectations.
As per Chinese State Media, the three neighbouring countries held their first economic dialogue in five years, in which they discussed how to counter the tariffs from the United States.
Japan and South Korea are seeking to import semiconductor raw materials from China, and China is also interested in purchasing chip products from Japan and South Korea, the account, Yuyuan Tantian, said in a post on Weibo.
Explore more
China, Japan, and South Korea agreed to a joint response to US tariffs after their first economic dialogue in five years. They plan to strengthen supply chains, cooperate on export controls, and pursue a free trade agreement.
S. Korea, US, Japan call for end to 'destabilizing' actions around Taiwan in veiled warning to China
The top diplomats of South Korea, the United States and Japan called for an end to actions that "destabilize" security around the Taiwan Strait, in what appears to be a veiled warning to China amid increasing military exercises in the area.
The comments came after the three countries held their first economic dialogue in five years. Read more at straitstimes.com.