Brief by Shorts91 Newsdesk / 08:41am on 10 Apr 2025,Thursday International
China has called on the United States to “meet halfway” after Donald Trump raised tariffs on Chinese goods to 125%, up from 104%. China hit back with 84% retaliatory tariffs but kept its door open to talks. Trump's 90-day tariff pause for other countries calmed global markets, with Asian, European, and US stocks surging. China's Commerce Ministry warned the move could “severely” hurt the global economy. Trump insisted, “A deal's going to be made with China,” while China's leadership considers new stimulus. Japan and ASEAN nations welcomed the pause but urged Washington to review tariffs on their exports. (PC: NDTV)