Chinese state media said that China, Japan and South Korea will jointly respond to US tariffs.
The comments came after the three countries had their first economic dialogue in five years on Sunday, trying to boost regional trade as Asian exporters strongly opposed tariffs from U.S. President Donald Trump.
The account Yuyuan Tantian said in an article on Weibo that Japan and South Korea are seeking to import semiconductor raw materials from China, and China is also interested in buying chip products from Japan and South Korea.
The Post said all three agreed to strengthen supply chain cooperation and have more dialogue on export controls.
At the meeting on Sunday, trade ministers from various countries agreed to “collised cooperation and comprehensive and advanced negotiations” on a South Korea-Japan-China Free Trade Agreement agreement to promote “regional and global trade.”
Ministers met with what he called “Liberation Day” as they pushed for a trade partnership in Washington after Trump planned to announce “Liberation Day” on Wednesday. Beijing, Seoul and Tokyo are major U.S. trading partners, despite their presence as loggerheads on territorial disputes and Japan’s release of wastewater from the damaged Fukushima nuclear power plant.
