South Korea, China, Japan agree to promote regional trade as Trump tariffs loom

News Snapshot:

South Korea, China, and Japan held their first economic dialogue in five years on Sunday, aiming to facilitate regional trade as the three Asian export powers brace for US President Donald Trump’s tariffs. The countries’ three trade ministers agreed to “closely cooperate for a comprehensive and high-level” discussion on a South Korea-Japan-China free trade agreement to promote “regional and global trade,” according to a statement released after the meeting. “It is necessary to strengthen the implementation of RCEP, in which all three countries have participated, and to create a framework for expanding trade cooperation among the three countries through Korea-China-Japan...