China is closely monitoring the US government's plans to implement levies through alternative trade tools following President Trump's announcement of 10% global tariffs. The Supreme Court recently struck down Trump's original sweeping duties, creating uncertainty in international trade relations. Alan Siow, Co-Head of EM Corporate Debt at Ninety One, discussed with Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche how Beijing is assessing these policy shifts.

Trump's tariff strategy has evolved after judicial intervention, forcing the administration to explore other mechanisms for trade enforcement. The 10% global tariff represents a scaled-back approach compared to the initially proposed broader duties. Chinese officials are reportedly analyzing how these changes might affect their export-driven economy and broader trade negotiations with Washington.

Market participants are watching closely as the tariff situation develops, with implications for global supply chains and corporate earnings. The uncertainty surrounding trade policy continues to weigh on investor sentiment, particularly in emerging markets. China's measured response suggests a strategic approach to navigating the evolving trade landscape while maintaining leverage in ongoing negotiations.