Saturday, 5 April 2025 () China has responded to President Trump's tariffs with its own 34% tariffs on US imports and restrictions on American companies. It will blacklist 11 American firms, restrict exports of rare earth elements, and halt certain agricultural imports. China aims to show resolve in the trade war, matching American tariffs dollar for dollar without exemptions.
President Donald Trump issued a warning on Truth Social: unless China lifts its retaliatory tariffs on U.S. exports by tomorrow, he’s prepared to slap a new 50% tariff across the board. With markets still reeling from his previous trade moves, this latest threat could trigger even more volatility....
Donald Trump reignited the tariff war with China, branding the nation the “biggest abuser” of U.S. trade policies. His fiery Truth Social post came after Beijing retaliated with its own 34% tariffs..
Oil prices have plunged to a four-year low, with Brent crude falling below $64 per barrel amid intensifying US-China trade tensions. The collapse follows Trump’s sweeping tariff move and China’s..
After $6 trillion disappeared from Wall Street, Trump’s sweeping new tariffs are now facing heat from inside his own party. With top cabinet officials offering mixed signals and over 50 countries..
The president said he would counter Beijing’s tariffs — which came in response to Mr. Trump’s own levies — with even more tariffs on Chinese imports. NYTimes.com Also reported by •Business Insider •BBC News
Saturday, 5 April 2025 ()
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