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Opinion | The U.S. tariff playbook: Asymmetric power, Trump's gamble, and risks of economic warfare The United States holds a commanding position in global trade, its status as the world's largest consumer market granting it unmatched coercive power. This immense influence equips the U.S. to shape trade through tariffs—a tool Donald Trump's administration embraced eagerly to push an "America First" agenda. Yet, even with this formidable leverage, Trump's tariff strategy rests on a gamble, potentially overplaying short-term gains while underestimating the deeper costs ahead.
Angelo Giuliano
2025.04.03 19:31
Over 270,000 cyber attacks on 2025 Asian Winter Games: Majority from US On April 3, the National Computer Virus Emergency Response Center published a monitoring and analysis report regarding cyber attacks on the information systems for the 2025 Harbin Asian Winter Games and critical information infrastructure in Heilongjiang Province.
China
2025.04.03 18:49
Henry's Take EP30 | Prescient, proactive, and practical: Consumer sentiment in China grows as multiple measures take effect Recently, some Western reports claimed that China's consumer spending is sluggish. This perception raises questions about the overall health of China's economy. However, China has announced a comprehensive 30-point initiative aimed at boosting consumption and fostering economic growth.
Henry's Take
2025.04.03 17:53
Dispatch from Myanmar | Chinese community in Mandalay supports each other: Young volunteers express gratitude to members of rescue teams "This is the worst earthquake here in over a century—extremely severe. Many Chinese diaspora here are dead or injured, and countless homes are uninhabitable," said Jiang Enti, Chairman of the Mandalay Yunnan Association of Myanmar, during an interview with DDN reporters at the association's headquarters on March 3. "The southwestern part of Mandalay has been completely flattened."
Deepline
2025.04.03 16:50
Details & implications: US cancels tariff exemption for small packages from Mainland and HK On April 2, US President Donald Trump signed an executive order ending the tariff exemption for small packages (valued at US$800 or less) from the Mainland and Hong Kong SAR, effective on May 2. The US Department of Commerce also announced it would submit a report assessing the impact of this executive order and consider whether to extend the rules to packages from Macao SAR.
Hong Kong
2025.04.03 16:46
100 Ways to Live | Paper-cutting meets fabric: Folk artisan takes Chinese intangible cultural heritage to the world stage On the stage of the 2023 CCTV Spring Festival Gala "Village Gala," models dazzled in qipaos adorned with Chinese red paper-cutting motifs. These two iconic Chinese cultural elements—paper-cutting and qipao—complemented each other beautifully, giving Chinese paper-cutting costumes their debut on the national stage, where they instantly caught the public's eye.
100 Ways To Live
2025.04.03 15:00
Opinion | China must now save the global trading system, and be prepared to take extraordinary steps Wednesday was "liberation day," so to speak. US President Donald Trump has unveiled sweeping tariffs on the entire planet, going further and more extensively than anyone predicted. I genuinely thought the President would be somewhat lenient on allied states for strategic purposes, but nope, the slapping of 32% on Taiwan, 24% on Japan, 25% on Korea, 26% on India, and then massive tariffs on locations deemed alternative manufacturing hubs to China, such as Vietnam (46%), Cambodia (49%), Bangladesh (37%) has taken myself by complete surprise. He has been merciless and ruthless.
Home
2025.04.03 14:56
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