China warned a G20 meeting that world economic growth was "insufficient" as tariff and trade wars exacerbated economic and financial instability and sapped growth momentum, its finance ministry and central bank said.

China’s government is weighing the exemption of some U.S. goods from its 125% import tariffs, Bloomberg reported on Friday, as the country grapples with the high economic cost of a trade war.

Japan’s Prime Minister Shigeru Ishiba on Friday said the government has compiled an emergency economic package to alleviate any impact on industries and households from the United States’ new import tariffs.

The dollar headed for its first weekly gain since mid-March on Friday, after China granted some exemptions to U.S. imports, raising expectations that the trade war between the world’s two largest economies may be closer to abating.

Thailand’s exports rose for a ninth straight month in March and more than expected, reaching the highest level in three years, although steep U.S. tariffs remain a concern, the commerce ministry said on Thursday.     

Indonesia’s foreign direct investment in the first three months of 2025 reached 230.4 trillion rupiah ($13.67 billion), up around 12.7% year-on-year in rupiah terms, investment minister Rosan Roeslani said on Wednesday.