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.

China is seeking to coordinate its response to U.S. tariffs with Japan and South Korea, Chinese state media said.

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

The US president, who has vowed to remake the global trade order, dismissed concerns, noting the US jobs market is strong.

As countries around the world reel from the U.S. tariffs, Beijing has been quick to try to capitalize on the upheaval and extend its influence — economic and otherwise.

Global stocks have sunk, a day after President Donald Trump announced sweeping new tariffs that are forecast to rai Stock markets in the Asia-Pacific region fell for a second day, hot on the heels of the US S&P 500,