China Reaches Out to Others
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Los Angeles Times |
China is reaching out to other nations as the U.S. layers on more tariffs in what appears to be an attempt to form a united front to compel Washington to retreat.
Reuters |
In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending glo...
Reuters |
The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty duties he had just imposed on dozens of countries, European Com...
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A deepening trade war could further weaken ties between the superpowers. The effects will reverberate everywhere.
China was quick to respond to President Trump’s latest tariffs, which began early Wednesday, raising its import tax rate on the U.S. to 84 percent. The move comes after Trump’s threat
President Donald Trump on Monday threatened huge additional tariffs on imports from China if Beijing did not withdraw its retaliation plans.
“If China does not withdraw its 34 percent increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50 percent, effective April 9th,” Trump said in a Truth Social post.