Global Backlash Erupts as U.S. Tariffs Ignite New Trade Tensions
U.S. tariffs spark global backlash as countries retaliate, markets tumble, and trade tensions escalate, signaling a shift in global economic power.
Trade Tensions
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China Stands Firm Against U.S. Tariff Hikes
China retaliates against U.S. tariff hikes, matching measures on American imports and asserting that it won’t be bullied in escalating trade tensions.
U.S. Treasury Secretary Considering Resignation Amid Tariff Controversy
U.S. Treasury Secretary Scott Bessent may resign over President Trump’s tariff policies, sparking concerns about escalating trade tensions and their impact on the economy.
China Imposes 34% Tariff on U.S. Imports Amid Trade Tensions
The Chinese mainland announces a 34% tariff on U.S. imports starting April 10 in response to U.S. ‘reciprocal tariffs’. The move escalates trade tensions between the two economic powers.
Global Markets Plunge as U.S. Tariffs Spark Trade Backlash
U.S. tariffs have sparked global market turmoil and a unified international backlash, as nations retaliate and trade tensions escalate.
Chinese Chambers of Commerce Oppose U.S. ‘Reciprocal Tariffs’
Several Chinese chambers of commerce have voiced strong opposition to the U.S.’s ‘reciprocal tariffs,’ calling for unity and urging the U.S. to reconsider its trade measures.
US Stock Market Suffers Major Drop Amid Tariff Tensions
US stock markets plummet amid growing concerns over tariff policies, marking the largest single-day decline in nearly five years and sparking international alarm.
South Korea Vows to Counter U.S. Tariff Plans Amid Trade Tensions
South Korea pledges to deploy all measures to tackle U.S. tariff plans, aiming to minimize impact on its industries amid rising global trade tensions.
China Vows Countermeasures as U.S. Imposes New Tariffs
China opposes the U.S. decision to impose new tariffs and vows to take necessary countermeasures. Chinese Foreign Ministry spokesperson Guo Jiakun calls for resolving trade differences through respectful consultations.
Trump’s Car Tariffs Ignite Global Trade Tensions
President Trump’s 25% tariff on imported cars ignites global trade tensions as allies like Canada, the EU, and Brazil voice strong opposition and consider retaliatory measures.