Tariffs 'hurt multilateral trade and world economic order,' says China
Wednesday, 23 April 2025 () President Xi Jinping has criticized tariffs. He said that tariffs undermine the global economic order. This statement comes amid tensions between China and the United States. Earlier, Donald Trump imposed tariffs on Chinese imports. China retaliated with duties on American goods. China opposes deals at its expense. Foreign Minister Wang Yi urged the UK and EU to defend multilateral trade.
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 that a deal is imminent in the coming weeks. He indicated a "number" that would make China comfortable,...
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U.S. Treasury Secretary Scott Bessent declined to confirm direct tariff negotiations with China, suggesting that Beijing faces severe economic fallout if current trade barriers persist. Speaking to..
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