Brief by Shorts91 Newsdesk / 03:59am on 04 Feb 2025,Tuesday International
The US has announced a 10% tariff on all Chinese goods, set to start on Tuesday. While Canada and Mexico have reacted strongly, China has stayed calm. Beijing has urged the US to talk and resolve issues. Experts say China is now less dependent on the US, with strong trade ties in Africa, South America, and Asia. President Xi Jinping may see an opportunity as Trump’s policies create uncertainty among US allies. China plans to challenge the tariffs through the World Trade Organisation, but experts believe tensions between the two countries will continue to rise.
