The US has extended an invitation to China to negotiate trade deals, but criticizes its role in the fentanyl supply chain. Trade Representative Jamieson Greer said no talks with Chinese President Xi Jinping on tariffs are planned yet, while billionaire Ray Dalio expressed concern about a potential recession due to ongoing tariffs.
https://channelnewsasia.com/asia/donald-trump-china-chips-face-national-security-probe-further-tariffs-expected-5063351A visiting US congressional delegation reaffirmed the importance of sustained engagement with Pakistan based on mutual respect and shared values. The Pakistani military and government expressed appreciation for the US recognition of their efforts in combating terrorism and regional peace. Memorandums of understanding were signed for training collaboration in information technology, and discussions focused on enhancing cooperation in economy, trade, investment, security, counterterrorism, and border security. Pakistan's Interior Minister Mohsin Naqvi emphasized the country's role in fighting terrorism, calling it a "global challenge" that requires international cooperation.
https://www.thenews.com.pk/latest/1300982-coas-reiterates-pakistans-desire-to-further-deepen-partnership-with-usA US Congressional delegation visited Pakistan and expressed commitment to advancing bilateral cooperation in areas such as security, trade, investment, and economic development. General Syed Asim Munir appreciated the visit and reiterated Pakistan's desire for a mutually beneficial partnership with the US, while also signing MoUs for IT training collaboration.
https://www.brecorder.com/news/40357463/coas-us-team-discuss-regional-securityThe US trade policy has announced that smartphones and laptops will not be subject to reciprocal tariffs as part of a new agreement with China. This move comes after the Trump administration sought to reduce tensions between the two nations by excluding certain electronic devices from the list of targeted goods. The decision is seen as a significant concession, allowing American companies to continue exporting these products to China without facing increased tariffs.
https://www.ocregister.com/2025/04/12/trump-administration-says-it-will-exclude-some-electronics-from-reciprocal-tariffs/US Commerce Secretary Wilbur Ross has announced that recent exemptions from tariffs on certain electronic components will be temporary, and the US is set to impose tariffs on semiconductors and other chips imported from China. The move aims to address what Ross described as "unfair trade practices" by Chinese companies.
https://mainichi.jp/english/articles/20250414/p2g/00m/0bu/003000cUS Commerce Secretary Howard Lutnick has warned that the country is set to impose "separate tariffs" on imports of smartphones, computers, semiconductors, and other components within the next one to two months. These products will fall under a special focus type of tariff aimed at ensuring they are reshored.
https://www.lokmattimes.com/technology/smartphone-makers-remain-cautious-over-unpredictable-us-tariff-policies-1/US Commerce Secretary Howard Lutnick has confirmed that semiconductor tariffs will be implemented in a month or two, while pharmaceutical products will be exempt from reciprocal tariffs. Despite President Trump's hopes for a deal with China, Trade Representative Jamieson Greer stated there are no plans for a meeting between the two leaders. Meanwhile, Chinese President Xi Jinping is embarking on a Southeast Asia tour to strengthen ties with regional manufacturing powers as the US faces falling consumer confidence and investor unease over its tariff policy.
https://www.geo.tv/latest/599893-no-country-off-the-hook-trump-reasserts-tariffUS Commerce Secretary Howard Lutnick stated that the US administration plans to impose separate industrial tariffs on smartphones and computers, which will be subject to tariffs in about a month, after temporarily exempting them from reciprocal tariffs. This decision comes after President Trump's announcement of tariffs on goods from 185 countries and territories on April 2, and later postponed tariff increases for 75 countries that have expressed willingness to negotiate on April 9.
https://www.fakti.bg/en/world/963965-trump-no-tariff-exemptions-for-bad-chinese-goods-no-one-gets-off-the-hookThe introduction of new tariffs by a major economy is expected to worsen its trade balance, lower net exports, and shift aggregate demand to the left. This could lead to global responses, but countries are optimistic that it will prompt the US to adopt more balanced economic partnerships for global sustainability. Domestic unrest may ensue, prompting demands for reciprocal action or renegotiation from pressure groups and business lobbies.
https://www.thenews.com.pk/magazine/money-matters/1300913-predicting-the-global-future