Trump says China panicked; markets slide deeper
US President Donald Trump on Friday said China had “panicked” by retaliating to his reciprocal tariff with a matching levy of 34 per cent on all imported goods from America.
US President Donald Trump on Friday said China had “panicked” by retaliating to his reciprocal tariff with a matching levy of 34 per cent on all imported goods from America.
Triggering a full-blown trade war, China will impose additional 34 per cent tariffs on all products imported from the United States starting from April 10, the Customs Tariff Commission of the State Council announced on Friday.
It had the hallmarks of a reality TV cliffhanger. Until recently, many people had never even heard of tariffs.
India and Sri Lanka are set to sign a major Defence cooperation pact during Prime Minister Narendra Modi's ongoing visit to Colombo, aimed at strengthening bilateral ties and countering the growing military influence of China in the region.
China’s latest military exercises in the East China Sea represent more than just routine drills ~ they are a direct message to Taiwan and the broader international community.
''Conversations and dialogues have been going on (with China) and they have been moving forward in the right direction," Ministry of External Affairs spokesperson Randhir Jaiswal said at a media briefing.
China on Monday appreciated Prime Minister Narendra Modi's ''positive remarks'' on Sino-Indian ties.
Prime Minister Narendra Modi’s two-day visit to Mauritius was far more than a ceremonial gesture; it was a strategic reaffirmation of India’s enduring interests in the Western Indian Ocean.
“Making the dragon and elephant dance is the only right choice,” says China’s Foreign Minister Wang Yi as he extends a friendly hand to India to bolster the democratisation of global relations while stren - gthening the Global South.
Global markets are reeling from the escalating trade war sparked by President Donald Trump’s irresponsible rhetoric and unpredictable behaviour, harming even America’s staunchest allies.