China vehemently denounced President Trump's tariffs, rejecting negotiation and instead accusing the US of historical economic exploitation. State media outlets, including Xinhua and People's Daily, framed the tariffs as bullying and predicted negative consequences for the American economy, including increased inflation and international isolation.
Asian markets responded positively to Trump's decision to delay tariff increases on most countries, with significant gains in Japan and South Korea. Analysts attributed this surge to relief among investors, though caution was expressed about upcoming negotiations and the potential impact of reduced tariff rates.
While China viewed the tariffs as economic bullying, some in South Korea believed Trump employed a strategic approach to identify his allies and enemies. Speculation arose that the tariff announcement was a calculated move intended to pressure negotiations. The article also notes that Trump potentially linked trade negotiations to the cost of US military presence in countries like South Korea.