China, EU hit back at Trump's tariffs as trade war intensifies
Video Credit: AFP English - Duration: 02:43s - Published
China, EU hit back at Trump's tariffs as trade war intensifies
Countries have vowed to hit back at US President Donald Trump's global tariffs onslaught, as markets tumble over fears his trade war would damage the world economy.
Trump spared almost no nation on his "Liberation Day", hitting friends and foes alike and reserving some of the harshest tariffs for major trade partners, including the EU and China.
Trump declared that his tariffs are having a devastating impact on China’s economy, claiming that factories are shutting down and cargo ships are "turning back." Speaking with visible satisfaction,..
U.S. Treasury Secretary Scott Bessent has admitted that the ongoing tariff war with China, sparked by President Donald Trump's massive 245% tariffs, is "unsustainable."..
Tariff War: Treasury Secretary Scott Bessent addressed pressing concerns about supply chain shocks and progress on trade deals with key Asian allies. Amid declining Chinese cargo shipments, Bessent..
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