China, Japan and South Korea agreed to jointly respond to U.S. tariffs, a social media account affiliated with Chinese state media said on Monday, an assertion Seoul called "somewhat exaggerated", while Tokyo said there was no such discussion.

In a significant move to counter increasing trade pressures from the United States, China, Japan, and South Korea have decided to unite against rising tariffs imposed by the US. These three major Asian economies held their first economic discussions in five years,

China, Japan, and South Korea will jointly respond to U.S. tariffs, reports Reuters, citing Chinese state media. The new U.S. tariffs are set to take effect on April 2nd. Comments from state media followed the first economic dialogue in five years between the three countries,

The trade war that President Donald Trump has escalated in his second term is a challenge for all Asian economies.

Shares in the US have bounced back, despite tariff fears hitting stocks in Asia and Europe after US President Donald Trump suggested that he was planning import taxes that could hit "all countries". Trump's comments came as he prepares to unveil a massive slate of import taxes on Wednesday,

Three Democratic senators on Monday urged U.S. President Donald Trump to "dramatically revise" the United States' trade relationship with China along with 14 free trade agreements, providing a boost to his push to revamp U.