Brief by Shorts91 Newsdesk / 07:43am on 10 Apr 2025,Thursday International
US President Donald Trump has escalated the trade war by raising tariffs on Chinese imports to 125%, citing China's "lack of respect." In response, Beijing imposed 84% tariffs on US goods and lodged a WTO complaint, calling US actions "bullying." China hinted at restricting rare earth mineral exports and possibly banning American films or targeting Apple and Tesla. The Communist Party’s People’s Daily called the tariffs a “strategic opportunity” to boost domestic consumption. Beijing warned that if the US continues its aggressive trade stance, China will “fight to the end,” shifting from dialogue to direct confrontation. (PC: Reuters)
