Summary

China, Japan, and South Korea held their first trade talks in 5 years in Seoul, agreeing to deepen cooperation amid looming U.S. tariffs announced by Donald Trump.

With a 25% tariff on car imports threatening their export-heavy economies, the three nations pledged to advance negotiations on a trilateral free trade agreement and strengthen the RCEP.

South Korea’s trade minister emphasized joint action against global economic fragmentation.

The meeting marks a renewed push for regional trade unity as tensions with the U.S. grow. The next meeting will be held in Japan.

  • @engene@lemmy.ca
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    43 days ago

    Regional cooperation is necessary and should be a priority for trade. If only Canada had something similar - a strong country next door we can rely on 🤨 #elbowsup 💪🏼