As the continent of Asia prepares for new “reciprocal” tariffs from Washington, South Korea, Japan, and China are holding a top-level trade summit. These tariffs, expected to be implemented on Wednesday, are aimed at countries with extensive and persistent trade imbalances with the United States. The situation has led to further unrest in Asian stock markets, with indexes declining due to fears of an escalating trade war. In response to the situation, Mexico has revived an old “buy local” program to combat cheap imports coming in from China.

Source: https://www.france24.com/en/tv-shows/business/20250331-asian-economies-brace-for-new-trump-tariffs-on-liberation-day