China U.S Trade War :
The China-U.S. trade war has escalated as Beijing imposes a 15% tariff on key U.S. food commodities, targeting agricultural exports like soybeans, corn, and meat.
This retaliatory move follows recent U.S. sanctions and trade restrictions on Chinese technology firms. With tensions mounting between the world’s largest economies, global markets brace for potential disruptions.
China U.S Trade War
#ChinaU.STradeWar
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U.S. Treasury Secretary Scott Bessent declined to confirm direct tariff negotiations with China, suggesting that Beijing faces severe economic fallout if current trade barriers persist. Speaking to reporters, Bessent cited potential Chinese job losses in the millions and argued that the U.S. trade deficit puts pressure on China to act. While avoiding specifics on communications, he hinted at the unsustainable nature of China’s tariff stance. Beijing denies ongoing talks. The standoff continues, clouded by diplomatic silence and sharp warnings of economic instability from Washington.
#ScottBessent #ChinaTariffs #USChinaTensions #TradeWar #JobLosses #XiJinping #TrumpAdmin #WhiteHousePress #BeijingEconomy #TariffTalks #EconomicCrisis #USDeficit #TradeDeficit #GlobalTrade #FinancialStability #SupplyChainCrisis #Geopolitics #ChinaJobs #USPolicy #BidenVsChina
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The trade war between the U.S. and China has reached new heights. In response to President Donald Trump's decision to raise tariffs on Chinese goods to 145%, China has retaliated by increasing its own tariffs on U.S. imports to a staggering 125%. With both sides digging in, the global economy is bracing for more turbulence. As tensions mount between the world’s two largest economies, the future of international trade hangs in the balance. Watch the latest developments in this escalating economic conflict.
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The U.S.-China trade war has hit new highs as Trump’s tariff rate on Chinese imports surges to 145%, triggering fierce retaliation from Beijing. China’s Commerce Minister is seeking new markets in Europe, Africa, and the Middle East, signaling a potential global realignment. With tensions rising, both nations are locked in a tit-for-tat spiral that’s threatening to push the global economy toward recession. Once calm, China now warns it "won’t flinch" in this economic battle. The world watches as two economic giants fight it out on the global stage.
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The U.S.-China tariff conflict continues to escalate as China denies any plans for a phone call between President Xi Jinping and President Trump, contradicting White House claims. With trade tensions rising after Trump’s global tariffs and accusations of China violating agreements, both nations remain locked in a standoff. While officials had agreed on a temporary tariff reduction, mistrust runs high as Trump threatens to double tariffs on steel and aluminum, further straining global trade relations and leaving the world watching closely for any direct leader-level contact.
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U.S. President Donald Trump and Chinese President Xi Jinping are expected to speak soon amid escalating tensions over critical mineral trade. Treasury Secretary Scott Bessent confirmed that China may have violated a key agreement, accusing Beijing of withholding essential industrial materials. With global supply chains in jeopardy, aides expect the upcoming call to iron out issues. While no date is confirmed, White House officials are optimistic a conversation is imminent and may clarify the Geneva deal on tariff rollbacks signed last month.
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Elon Musk calls Trump's flagship 'Big Beautiful Bill' a 'disgusting abomination'
The tech billionaire blasted Trump’s signature bill to cut taxes and boost defence spending — a sharp break from his previously steadfast loyalty to the president.
READ MORE : http://www.euronews.com/2025/06/04/elon-musk-calls-trumps-flagship-tax-bill-a-disgusting-abomination
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Credit: euronews (in English) Duration: 01:00Published
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