China, Japan, and South Korea are enhancing trade ties to counteract US tariffs and global fragmentation. They have agreed to advance trilateral free trade discussions and cooperate closely in supply chain management. Recent meetings highlighted the importance of strengthening regional economic collaboration.

In response to increasing tariffs imposed by the United States and escalating global economic fragmentation, China, Japan, and South Korea are strengthening their trade ties. These three major manufacturing nations, heavily reliant on foreign trade, are prioritizing economic cooperation to maintain regional stability. On Sunday, they announced efforts to intensify negotiations regarding their trilateral free trade agreement, emphasizing collaboration in supply chain management and export controls, according to the Chinese Ministry of Commerce.

The collaboration among China, Japan, and South Korea underscores the significance of regional cooperation amid global economic challenges. As these nations strengthen their trade ties, they aim to create a buffer against external pressures, particularly from the United States. The emphasis on mutual economic growth and intra-Asian cooperation is evident in their recent commitments.

Original Source: asianews.network

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