Trump tariffs in 2016 sent a glut of cheap Chinese imports, originally intended for the US, into South East Asia, hurting many local manufacturers. But they also opened new doors for other businesses, often into global supply chains that wanted to cut their dependence on China.

China’s leader Xi Jinping has released a letter denouncing tariff and trade wars and urging the multilateral trading system, stable global industrial and supply chains, and open and

U.S. President Donald Trump on Thursday (April 17) signaled a potential end to the tit-for-tat tariff hikes between the U.S. and China that shocked markets, and that a deal over the fate of social media platform TikTok may have to wait.