Trump Trade War: 'One Country, Two Systems' Not Anymore? US Hits Hong Kong with China-Level Tariff
Video Credit: Oneindia - Duration: 03:01s - Published
Trump Trade War: 'One Country, Two Systems' Not Anymore? US Hits Hong Kong with China-Level Tariff
Hong Kong is up in arms after the U.S., under Trump’s trade policies, imposed a 10% tariff on its exports—treating the region just like mainland China!
Officials are calling it a direct attack on "One Country, Two Systems," as goods from Hong Kong are now forced to bear a "Made in China" label.
With Hong Kong preparing to challenge the move at the WTO, the trade war is heating up once again!
Will this push Hong Kong further into Beijing’s grip?
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Colourful parade opens Cheung Chau’s Bun Festival
Hong Kong’s Cheung Chau island burst into celebration on Monday as the annual Bun Festival got underway with a vibrant parade through its narrow streets.
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Credit: euronews (in English) Duration: 01:00Published
A top Chinese official has blasted President Trump’s Hong Kong tariffs, calling them “arrogant and shameless.” Xia Baolong, director of the Hong Kong and Macau Affairs Office, further mocked the U.S. by referring to Americans as “peasants,” warning of a backlash against Trump’s trade war tactics. The insult follows a heated exchange after U.S. VP J.D. Vance’s earlier comment on China. As tensions rise, both countries have unleashed new tariffs, escalating the economic war with global consequences. Will diplomacy return—or will this spiral into chaos?
#China #USChinaTensions #TariffWar #Trump #HongKong #XiaBaolong #USPeasants #TradeWar #USPolitics #GlobalNews#JDVance #ChineseOfficial #BreakingNews #Geopolitics #USChinaConflict #WhiteHouse #BidenVsChina #TrumpTariffs #AsiaNews #PeasantJibe
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New India-to-Europe 'spice route' gains traction amid global tensions
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China’s newest warship Qinzhou has completed a dramatic live-fire drill just days after joining the PLA Navy’s Southern Theater Command. The stealth frigate Type 054B, hull number 555, was seen in state media footage sinking a target using its main gun and close-in weapon system. This marks Beijing’s bold push to expand naval dominance in disputed waters. As tensions rise, military analysts say the ship’s firepower and far-seas capabilities fit China’s long-term strategy to control critical trade routes and deter rivals in the South China Sea.
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China signals a possible shift in its trade stance, saying it's assessing U.S. proposals to restart negotiations amid escalating tariffs and economic strain. Beijing demands the U.S. show sincerity by removing trade barriers. With factory activity slumping and imports dropping sharply, global markets await the outcome of a potential U.S.-China trade breakthrough.
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Amid rising trade tensions, US Treasury Secretary Scott Bessent has hinted at delisting Chinese firms from American stock markets. As Trump hikes tariffs on Chinese imports to 104%, Beijing retaliates with 84% on US goods. China accuses Washington of violating trade norms and files a WTO complaint. With over 280 Chinese firms listed in the US, including Alibaba, this move could send shockwaves through global markets. Bessent warns of deeper escalation if China devalues its currency, urging negotiation before the economic crossfire intensifies further.
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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 dominance. Trump also criticized U.S. officials for being complicit, saying “they allowed this to happen.” His comments come amid escalating tariff tensions and renewed trade negotiations, reflecting a hardline stance on correcting what he calls decades of economic betrayal.
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