More US Tariffs Reactions Around the World; US-Taiwan-China Relations

The Controversial "Reciprocal Tariffs"

The notion of "reciprocal tariffs" recently introduced by the U.S. has sparked significant international backlash, raising concerns over the integrity of the global trading system. As reported by Xinhua, the U.S. government announced on April 2, 2025, that it would levy uniform tariffs on all its trading partners, triggering widespread criticism and retaliatory measures from affected countries, including China.

Chinese publications like People's Daily emphasize that this policy undermines established global trade rules and damages multi-faceted trade agreements established over decades. This sentiment is consistent across multiple reports, highlighting a general view that these tariffs are arbitrary and disruptive.

China's Strategic Response

In retaliation, China has not only criticized the "reciprocal tariffs" but also enacted a slew of countermeasures designed to defend its economic interests. According to Xinhua, China's Customs Tariff Commission announced an additional 34% tariff on all U.S. imports effective April 10. This move is complemented by the suspension of import qualifications for certain U.S. companies and a formal complaint lodged with the World Trade Organization (WTO), asserting that the U.S. policy violates WTO rules.

CGTN adds further depth with a public sentiment survey showing broad international disapproval of the U.S. measure, highlighting widespread views of it as a bullying tactic.

Global Repercussions and Sentiments

Various international leaders have joined the criticism. As reported by People's Daily and CGTN, Australia, the EU, and Canada have expressed their dismay at the U.S. policy, with some countries considering reciprocal action against the U.S. EU officials, for instance, are readying countermeasures potentially impacting €200 billion in trade, illustrating the far-reaching implications of these tariffs.

The economic ripple effects of the policy are also evident, with major U.S. stock indices experiencing sharp declines following the announcement. People's Daily points out that the sudden stock market dip underscores market concerns about heightened economic uncertainty and potential declines in global growth.

Impacts on Global Trade and Economy

The measures have already contributed to a fracturing of the global trade system, with the World Trade Organization's role coming under pressure as countries press for redress. The broader implications, as noted by CGTN, involve potential long-term harm to global economic cohesiveness and development, especially affecting developing nations.

The unfolding situation calls into question the sustainability of current global trade frameworks, spotlighting the necessity for improved dialogue and diplomacy. International stakeholders are urged to engage in more equitable discussions to prevent further deterioration of economic relations.

The Radio France Internationale discusses the ongoing trade tensions between the United States and Europe, with the latest tariffs imposed by the U.S. creating ripples across international markets. French economic stakeholders call for a unified European response to mitigate the tariffs' impact on industries like aerospace and luxury goods.

This narrative reflects the broader geopolitical tensions affecting trade practices, where tariffs are becoming tools of negotiation and economic leverage. The possible repercussions include shifts in trade alliances and the restructuring of international trade norms. European nations are prompted to re-evaluate their economic relations with both the U.S. and other global partners.

Sino-American Military Tensions: Testing the Boundaries

According to Tencent News, a U.S. military aircraft reportedly entered Taiwan's airspace, leading to a swift interception by Chinese military jets. This incident is reflective of heightened military posturing and reflects a delicate geopolitical dance around Taiwan. The narrative here underscores China's narrative of increasing control over airspace around Taiwan and pressure on U.S. operations within the region. This interception is portrayed by the publication as a routine exercise of sovereignty, yet it undeniably highlights an escalating tension zone.

The discourse presented by Tencent implies a strategic narrative that reinforces China's vigilance and readiness in protecting its claimed territories. The narrative contrasts the U.S. pilots' firm stance claiming international airspace rights with China's portrayal of them as intruders. It serves as a geopolitical message to both domestic and international audiences about China's staunch stance on territorial integrity. Such stand-offs have global implications, particularly concerning the U.S.'s strategic policies in the Asia-Pacific. The ongoing military brinkmanship affects not only diplomatic relations but could also impact global markets by increasing geopolitical risk, potentially affecting supply chains and regional security architectures.

Cross-Strait Relations and Identity

Efforts to foster closer ties between Mainland China and Taiwan continue, as reported by the United Daily News. Initiatives such as establishing connectivity services in the Fujian region are part of the broader strategic push for cross-strait integration. The Chinese government is keen on building cultural and humanitarian bridges, symbolized by heritage and genealogy projects aimed at strengthening Taiwan roots and familial connections.

This approach highlights China's soft power strategy, leveraging shared history and cultural roots to promote unity. The emphasis on cultural and economic integration underscores a nuanced approach, aiming to ease political tension and foster closer ties through non-political means.

Real Estate Revival in Hong Kong

Hong Kong's real estate market, which has seen a downturn over the past three years, is showing signs of recovery. The United Daily News reports that prominent figures are re-entering the market, attracted by significant price reductions in new developments. The article highlights the sale of units from prominent property magnates, which has injected fresh enthusiasm into the market.

This shift is particularly notable as it comes amid broader economic challenges. By featuring well-known personalities making strategic purchases, the media appears to be encouraging confidence and potentially sparking a herd effect among smaller investors. The narrative hints at a potential ‘mini-spring’ in the real estate sector, suggesting a revival driven partly by investment policy changes allowing for greater cross-border capital flow, though challenges remain due to mainland financial restrictions.

International Cultural Exchange and Festivities

The The Paper covers the Dujiangyan Water Release Festival, an event with a rich cultural history spanning over two millennia. This year's celebration coincides with the festival's 2281st anniversary, integrating modern cultural exchanges with ancient traditions. Attendees from around the world participate, fostering international cultural dialogue.

This event underscores China’s commitment to cultural heritage while using it as a platform for international tourism and cultural exchange. By celebrating such festivals, China continues to strengthen its cultural diplomacy, offering a narrative of historical continuity and modern integration.