Brief by Shorts91 Newsdesk / 12:21pm on 08 Apr 2025,Tuesday International
China has pledged to "fight to the end" after Donald Trump threatened a 50% tariff on Chinese imports unless Beijing reverses its own 34% retaliation. China’s commerce ministry called the move “blackmail” and a “mistake on top of a mistake.” Global markets rebounded slightly after steep Monday losses. Trump’s broader tariffs, ranging from 10%–50%, target dozens of countries, prompting EU and Taiwan to propose negotiations. Chinese media slammed Trump’s approach as “naked extortion,” while experts warn of a prolonged economic standoff. Japan’s Nikkei jumped 6% following trade talks. China insists it won’t surrender to US “coercion disguised as policy.” (PC: The Guardian)
