Trump’s Trade War| After Mexico and Canada, China Hits Back at Trump’s Tariffs; to Sue US at WTO
Video Credit: Oneindia - Duration: 04:17s - Published
Trump’s Trade War| After Mexico and Canada, China Hits Back at Trump’s Tariffs; to Sue US at WTO
China has announced plans to file a lawsuit at the World Trade Organization (WTO) in response to U.S. President Donald Trump's new tariffs on Chinese goods.
The tariffs, which are set to take effect on February 4, will include a 25% tax on imports from Mexico and Canada, and a 10% tariff on Chinese goods.
The move has sparked backlash from Beijing, with the Commerce Ministry calling it a violation of WTO rules and a threat to global economic cooperation.
In retaliation, China vowed to take countermeasures to protect its interests, though the specifics were not disclosed.
The Chinese government has also condemned the U.S. approach, arguing that it fails to address the root causes of illegal drug imports and migration issues, which Trump cited as the rationale for imposing the tariffs.
#TrumpTariffs #ChinaTariffs #ChinaTrumpTariffs #ChinaSueUS #ChinaUSWTO #MexicoTariffs #CanadaTariffs #TrumpTradeWar #USCanadaMexicoTariffs #TariffTensions #TradeWarEscalation #USMexicoTariffs #USCanadaMexicoTrade #TrumpTradePolicy #WTODispute #ChinaVsUS #TrumpVsChina #USTradePolicies
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China has blasted the United States for imposing new 34% tariffs, calling the move "economic bullying" and a threat to global stability. Beijing warns that the escalating tariff war may disrupt supply chains, hike consumer prices, and even spark a global recession. In response, China will impose a matching 34% tariff on all US goods by April 10 and has filed a complaint with the WTO. As markets tumble worldwide, experts warn the ongoing tit-for-tat is more about politics than policy — and it’s dragging the global economy down with it.
#USChinaTensions #TradeWar #TrumpTariffs #ChinaRetaliates #GlobalRecession #EconomicBullying#WTOComplaint #TariffBattle #BeijingResponds #Protectionism #GlobalTradeCrisis #TrumpChinaConflict#MarketCrash #ChinaUSTrade #GlobalMarketsFall #ConsumerPrices #TradeStandoff #LinJian #34PercentTariff
#AmericaFirstPolicy
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US President Donald Trump has pledged unwavering commitment to his aggressive tariff strategy, calling it a chance to “get rich.” Despite a massive stock market crash and mounting global backlash, Trump insisted tariffs are essential to protect American jobs. China, Canada, and the EU have responded with retaliatory duties, sparking fears of a global trade war. The WTO warns of economic contraction, while the US Fed sees inflation risks rising. Still, Trump’s administration denies any harm to American businesses, claiming domestic growth will offset global tensions.
#TrumpTariffs #TradeWar #USChinaTensions #GlobalMarkets #StockCrash #ImportDuties #AmericaFirst #WTO #TradePolicy #USPolitics #JeromePowell #EconomicNews #CanadaTariffs #EUResponse #GlobalRecession #TruthSocial #InflationFears #BusinessNews #TrumpEconomy #Protectionism
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The U.S.–China economic war escalates as Beijing hits American goods with a 34% tariff. President Donald Trump swiftly retaliated, slamming China for “panicking” and announcing harsher tariffs under his principle of reciprocity. China responded by restricting exports of rare earth materials critical for tech industries and imposing controls on 27 U.S. firms. The trade battle now stretches into the WTO and beyond, with both nations hardening their stances. The global economy braces for impact as the two superpowers clash in an escalating tariff and tech war.
#TrumpTariffs #ChinaTradeWar #USChinaTensions #TariffBattle #TradeWar2025 #TrumpSpeaks #ChinaRetaliates #RareEarths #TechWar #GlobalEconomy #TrumpVsXi #WTO #USChinaRelations #Geopolitics #TradeConflict #TrumpTruthSocial #EconomicShowdown #ReciprocityTariffs #ChinaSanctions #USExports
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India and the EU aim to conclude their Free Trade Agreement (FTA) negotiations by the end of 2025. Both sides are determined to resolve differences over import.. IndiaTimes
China has accused the US of pursuing “two-faced” policies, slamming Washington for imposing tariffs despite Beijing’s efforts to cooperate on global issues. Chinese Foreign Minister Wang Yi warned that China will “resolutely counter” pressure as tensions escalate. In response, China has imposed its own tariffs on US goods and taken the dispute to the WTO. The trade war, which began in 2018 under Trump, continues to disrupt global markets. Beijing insists it won’t tolerate suppression while Washington cites concerns over trade imbalances and fentanyl flows.
#China #USChinaRelations #TradeWar #Tariffs #Sanctions #USChinaTensions #WTO #EconomicWar #FentanylCrisis #TrumpTariffs #TechWar #TradeDispute #Washington #Beijing #USSanctions #ChinaRetaliation #BreakingNews #GlobalMarkets #EconomicPolicy #SupplyChain
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Elon Musk is urging former President Trump to roll back his aggressive tariff policies, warning of serious consequences for U.S. businesses—especially Tesla. Musk criticized White House trade adviser Peter Navarro and pointed out that the escalating U.S.-China trade war could severely disrupt Tesla's supply chain. Once a Trump ally, Musk joins other top tech and business leaders like Joe Lonsdale in pushing back, forming an informal coalition to oppose the trade strategy. As Trump defends the tariffs as “tough medicine,” even his supporters begin to turn against him.
#ElonMusk #Trump #TradeWar #Tesla #USChinaRelations #Tariffs #PeterNavarro #BusinessBacklash #SupplyChain #TechNews #EconomicPolicy #JoeLonsdale #Investors #WhiteHouse #PoliticalDrama #GlobalTrade #USPolitics #MuskVsTrump #TariffTrouble #EconomicCrisis #MuskSpeaksOut #BreakingNews #USChinaTensions #TeslaNews #TradePolicy #TrumpTariffs #BusinessNews #HarvardPhD #MuskTweet #TariffWar
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Shanghai stocks suffered their steepest drop in years, with the Composite Index falling 7.3% after US President Donald Trump threatened an additional 50% tariff on Chinese imports. At one point, losses topped 8%. The move reignited fears of a full-blown trade war, with Beijing vowing to “fight to the end” and announcing 34% retaliatory tariffs on US goods. Market analysts warned that the escalating standoff between the world’s two largest economies could trigger global recessionary pressures, as investor confidence crumbles under policy unpredictability and intensifying cross-border tensions.
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Goldman Sachs has raised the odds of a major US and global recession, warning that President Trump’s new tariffs could trigger a sharp economic downturn. Amid rising market panic and tightening financial conditions, Goldman forecasts a 45% chance of recession and slashes the US growth forecast for 2025 to 0.5%. The move comes after a global market meltdown, with China experiencing its biggest crash since 2008 and the EU facing harsh tariffs of 20%. Meanwhile, JPMorgan highlights US trade policies as the biggest risk to the global economic outlook, as retaliation, supply chain disruptions, and business uncertainty intensify. With Wall Street witnessing a $6.6 trillion wipeout in just two days, investor Bill Ackman warns that these policies could lead to an "economic nuclear winter." As countries like Canada and the EU consider stronger responses, the global trade landscape enters a volatile new phase.
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