China has urged the United States to “stop threatening and blackmailing” in the ongoing trade war. This statement follows remarks from President Trump, who said it is up to Beijing to end the dispute. Trump has imposed high tariffs on Chinese goods, reaching up to 145 percent. In response, China has retaliated with tariffs of […]
trade war
China responds with 125% tariffs on U.S. goods amid trade tensions
On April 11, 2025, China announced it would raise tariffs on U.S. goods to 125%. This response is part of the ongoing trade war. China stated it would ignore any future U.S. tariff increases. The Chinese finance ministry argued that such measures no longer make economic sense for importers. The announcement followed a week of […]
Macron defuses French digital tax row, Trump coy on wine threat
FRANCE: France and the United States reached a deal to end a standoff over a French tax on big internet companies, though US President Donald Trump declined to say whether his threat of a retaliatory wine tax was off the table as a result. The compromise struck between French Finance Minister Bruno Le Maire, US […]
China slams Trump’s ‘irresponsible and absurd logic’ on N. Korea
China on Thursday derided the “irresponsible and absurd logic” of the United States after President Donald Trump accused Beijing of making Washington’s relationship with North Korea more difficult. Trump doubled down on his suggestion that China was not helping to rein in its Cold War-era ally — a charge he first levelled when he cancelled […]
In attempt to ease tensions, China lowers tariffs on US goods
China said Thursday it wanted to avoid an escalation of trade tensions with the United States, as the two sides held new talks and Beijing decided to lower some tariffs. The overture came two days after the White House said its planned trade sanctions against China were still in the works despite the announcement of […]
Trump all set to impose tariffs on steel from EU
President Donald Trump intends to impose steep import duties on steel and aluminum imports from Europe starting Friday, after weeks of talks failed to reach a compromise, The Wall Street Journal reported Wednesday. Trade officials from Washington and Brussels had continued discussions to find a solution, such as import quotas, that would convince Trump to […]
Merkel fails to gain concessions from Trump on Iran, trade war
WASHINGTON: US President Donald Trump and German Chancellor Angela Merkel appeared to make little headway on high-stakes trade and security disagreements Friday, but avoided the public bickering that has plagued their year-old relationship. Merkel left the White House, seemingly unable to secure a promise from Trump to stay in the Iran nuclear deal or to […]