Overview

• President Donald Trump announced plans to unveil new tariffs on semiconductor imports, with details expected later this week.
• China's exports grew by 12.4% in March compared to the previous year, exceeding analysts' predictions despite rising US tariffs.
• The US has implemented steep tariffs of up to 145% on Chinese goods, with China retaliating with 125% tariffs on US imports.
• Inconsistent US tariff policies, including exemptions for electronics, have created significant market volatility and investor uncertainty.
• Chinese officials emphasized their strategy to diversify trade relationships and reduce reliance on the US market, leveraging ASEAN partnerships and global investments.