Trump defends policy after China hits US with 125% tariffs
Sunday, 13 April 2025 () Washington (AFP) April 12, 2025
President Donald Trump insisted Friday that his tariff policy was "doing really well" despite China hiking levies on US goods to 125 percent in the spiraling trade war between the world's two biggest economies. Investors dumped US government bonds, the dollar tumbled and stocks seesawed after Beijing's retaliation against Trump deepened concerns on already traumatized global markets. Tru
President Trump launched a fiery critique of past U.S. trade policy, accusing former leaders of enabling China’s rise by allowing unfair advantages through the World Trade Organization (WTO). He claimed China manipulated the system by branding itself a "developing nation" while gaining economic...
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In a retaliatory move, China on Wednesday announced it will increase its tariff on US goods from 34 per cent to 84 per cent starting April 10, Al Jazeera... DNA Also reported by •IndiaTimes