Amidst escalating trade tensions, President Trump is urging China to propose a tariff deal, while China has retaliated against US tariffs by halting Boeing deliveries and imposing its own duties. South Korea has been invited by the US for trade talks to mitigate the impact of these tariffs, and China is strengthening regional ties with countries like Vietnam, signing numerous cooperation agreements. Consequently, Hong Kong's post office will suspend shipping parcels to the US due to new tariffs, a move a Chinese official decried as an attempt to harm the city's economy.