-
Swelling jet fuel costs hit American Airlines outlook
-
Venezuelans turn to scrap collecting in quake-hit beach 'paradise'
-
Carapaz climbs unopposed to Tour de France 18th stage win
-
Heptathlon champion Johnson-Thompson joins list of Commonwealth Games absentees
-
Sooryavanshi hits maiden 50 as India thump Zimbabwe in T20
-
Nigeria's Dangote raises $2.5bn to expand Africa's largest refinery
-
ECB opens door to September rate-hike as Iran war flares up
-
Oil soars to $100 on fresh Mideast attacks
-
World Bank estimates Venezuela quakes caused $19.6 bn in damage
-
Coal-fired power generation rising globally on Mideast war: IEA
-
Italy's far-right line up to defend jeweller who killed robbers
-
Premier League champions Arsenal sign Greece winger Tzolis from Brugge
-
AI-led boom in IPOs raises concerns about a bust
-
French Jewish DJ sues after activists disrupt gig: lawyer
-
Klopp expected to be named new Germany coach on Friday
-
Venice film festival promises Pattinson, Oasis and Musk doc
-
ECB holds rates as Iran war flare-up threatens to drive prices higher
-
ASEAN calls for open straits as US-Iran war casts shadow
-
MEXC's "Kickoff Fest" Trading Event Concludes with Top Individual Reward of 27,352 USDT
-
Ford and Geely to form joint venture at struggling Spain plant
-
Oil soars close to $100 on fresh Mideast attacks
-
Russia warns US against Ukraine arms sales in Manila meeting
-
India's angry Gen Z protesters say Modi must fix accountability
-
New UK PM announces tax cut for struggling pubs
-
Barca sign Adeyemi from Borussia Dortmund
-
Supporters flood India's 'cockroach' protesters with food
-
EasyJet profits nosedive on Mideast war
-
Modi vows punishment for exam leaks fuelling India protests
-
EU fines Google 890 mn euros, risking US fury
-
Norway set to make formal complaint to FIFA over Balogun red card saga
-
France evacuates thousands of tourists as fire rages in pine forest
-
Floods in northeast India kill at least 41
-
French Jewish DJ sues after activists disrupt stage show: lawyer
-
Nestle siphons off bottled water business into joint venture
-
Nokia says AI, cloud boosted sales in second quarter
-
Hundreds hospitalised in Japan heatwave 'disaster'
-
Repsol says profit more than triples on higher oil prices
-
Renault says sales stalled in first half
-
TotalEnergies says profit doubled on Mideast war
-
EasyJet says profits nosedive on Mideast war
-
Giant swing on Swiss peak aims to boost summer tourism as Alps warm
-
Modi vows punishment for exam fraud fuelling India protests
-
ASEAN to call for open straits as US-Iran war casts shadow
-
Six candidates in race to lead UN set for televised debate
-
AI catches up with humans to score 100% at top maths contest
-
Comic-Con kicks off with Marvel's return
-
South Korea election office raided in fake turnout figures probe: investigators
-
Dutch riders dreaming of crazy party corner of Alpe d'Huez
-
Killer whales: orcas blow fish to bits 'for fun', study finds
-
Houthis target Red Sea shipping as US hits Iran
NYSE - LSE
China Strikes Back: Tariff War
The 45th and now 47th President of the United States, Donald Trump (78), who is increasingly distinguishing himself as an autocrat in his political actions, has triggered a new escalation in the trade war between the two economic powers with his announcement of high tariffs on imports from China.
In a bold and unyielding response to US President Donald Trump’s aggressive tariff policies, China has unleashed a powerful countermeasure: a hefty 34% tax on all US goods entering its borders. This sharp escalation in the trade conflict signals China’s readiness to play hardball, pushing back against Trump’s economic offensive with equal force. The move is poised to send shockwaves through the global economy, with far-reaching consequences for both nations.
The stakes are high. In the United States, the ripple effects of China’s retaliatory tariffs could soon be felt on store shelves, as imported goods become scarcer and more expensive. Empty shelves may become a stark reality for American consumers, putting Trump in an increasingly defensive position. His tariff strategy, once wielded as a hammer to reshape global trade, now faces a formidable counterstrike that threatens to undermine its effectiveness.
Beyond the immediate impact, the broader outlook is grim. Experts caution that this tit-for-tat trade war could tip the world into a global recession, with economic damage rippling across continents. Businesses on both sides are bracing for uncertainty, as supply chains falter and costs rise. For China, the tariffs are a calculated gambit—a show of strength meant to protect its economic interests while challenging Trump’s dominance in this high-stakes showdown.
As the trade war intensifies, the world watches closely. China’s hardline stance marks a pivotal moment, one that could redefine the economic landscape for years to come.
Zelenskyy slams 'manipulative' strange Amnesty report
18+ Шокирующее видео: Российская армия кастрирует украинского пленного
18+ Shocking video: Russian army castrates Ukrainian prisoner
Volunteers in Ukraine organise 'rave' clean-up parties
Myanmar's junta murders democracy activists
Lunatic liar Lavrov from Russia begs in Africa
Ukraine: HIMARS missiles destroy Russian ammunition
Ukraine: War criminal Putin and 50,000 dead Russians
Ukraine: Death awaits the Russians everywhere
Ukrainian Air Force fights against russian Terror
Ukraine: You have to see this Russian scum!