Japan, China and the Republic of Korea to work out common measures against US duties

Japan, China and the Republic of Korea plan to work out a common response to US President Donald Trump's trade duties. This was reported by The Standard on Monday, March 31.

All three sides agreed to strengthen cooperation in the supply chain and intensify dialogue on export control issues, the Yuyuan Tangtian portal, linked to the Chinese state television channel CCTV, said in a statement.

"Japan and South Korea are seeking to import semiconductor raw materials from China, and China is also interested in purchasing chips from Japan and South Korea," the newspaper writes.

Duty hint: The tariff war between the US and China is gaining momentum

Beijing added 15 American companies to the export control list as a response to Washington.

On March 4, US President Donald Trump doubled import duties on goods from China from 10% to 20%, accusing Beijing of failing to combat drug trafficking. According to him, the failure of the Chinese government to take measures to curb the steady influx of opioids, including fentanyl, into the United States poses an unusual threat, the source of which is largely located outside the United States.