Tariff war: Trump escalates, Xi digs in — who will blink first?
Tuesday, 8 April 2025 () As trade tensions escalate, President Xi Jinping adopts a confrontational stance against US tariffs, signaling readiness for a prolonged trade war. Beijing retaliates with duties and prepares for economic resilience, while Trump aims to address the trade deficit and appeal to voters. The global markets face turmoil, and analysts warn of potential economic fallout.
President Donald Trump admitted delaying tariff hikes due to market panic, saying investors were getting “afraid.” Following a $1.5 trillion stock wipeout ahead of tariff hikes, Trump froze most tariffs at 10%—except for China’s, which rose to 125%. The announcement triggered a...
President Trump spoke to China's Xi about the ongoing tariff battle, claiming both nations are in an escalating tit-for-tat trade war. While China has denied formal negotiations, Trump is confident..
In a stunning move, Donald Trump has waved the white flag in his trade war with China while offering a "final peace plan" for Ukraine that neither Moscow nor Kiev accept. Geopolitical..
US President Donald Trump is reportedly shutting down all informal diplomatic channels with China, insisting on direct talks with President Xi Jinping as the US-China trade war deepens. According to..
Tuesday, 8 April 2025 ()
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