‘China Panicked, Played Wrong': Trump's First Reaction Viral After China Slaps USA with 34% Tariff
Video Credit: Oneindia - Duration: 04:26s - Published
‘China Panicked, Played Wrong': Trump's First Reaction Viral After China Slaps USA with 34% Tariff
The U.S.–China economic war escalates as Beijing hits American goods with a 34% tariff.
President Donald Trump swiftly retaliated, slamming China for “panicking” and announcing harsher tariffs under his principle of reciprocity.
China responded by restricting exports of rare earth materials critical for tech industries and imposing controls on 27 U.S. firms. The trade battle now stretches into the WTO and beyond, with both nations hardening their stances.
The global economy braces for impact as the two superpowers clash in an escalating tariff and tech war.
In a significant development for US-India relations, President Donald Trump has revealed that trade negotiations with India are "coming along great," fueling expectations of a groundbreaking trade deal in the near future. This could be the first major post-tariff agreement, marking a new chapter in bilateral economic ties between the two nations. With both sides eager to finalize terms, could this deal reshape global trade dynamics? In this video, we break down everything you need to know about the Trump administration’s strategy and what this potential deal means for both the US and India.
#TrumpIndiaDeal #USTrade #IndiaTradeDeal #PostTariffAgreement #GlobalTrade #IndiaUSRelations #TradeTalks #TrumpNews #BilateralRelations #EconomicDeal #TradeWar #TrumpAndIndia
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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.
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President Trump spoke to China's Xi about the ongoing tariff battle, claiming both nations are in an escalating tit-for-tat trade war. While China has denied formal negotiations, Trump is confident that a deal is imminent in the coming weeks. He indicated a "number" that would make China comfortable, but the tariffs continue to cause market uncertainty and global recession fears. With China offering exemptions for critical goods, businesses hope these measures will ease tensions and stabilize supply chains. But, Beijing is prepared for a long-term fight if necessary.
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Trump claims meeting with China after Beijing denies any trade negotiations
Trump insisted that a meeting with China had taken place regarding tariff negotiations, despite Beijing denying any such talks. Investors, however, saw signs of a de-escalation in the trade war, as global stock markets recovered most of the losses in April.
READ MORE : http://www.euronews.com/2025/04/25/trump-claims-meeting-with-china-after-beijing-denies-any-trade-negotiations
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Credit: euronews (in English) Duration: 01:16Published
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China has blasted the United States for imposing new 34% tariffs, calling the move "economic bullying" and a threat to global stability. Beijing warns that the escalating tariff war may disrupt supply chains, hike consumer prices, and even spark a global recession. In response, China will impose a matching 34% tariff on all US goods by April 10 and has filed a complaint with the WTO. As markets tumble worldwide, experts warn the ongoing tit-for-tat is more about politics than policy — and it’s dragging the global economy down with it.
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