EU Urges Respect as Trump Demands 50% Tariffs on EU Goods
President Trump’s push for a 50% tariff on EU imports draws a stern EU call for respect as transatlantic tensions rise.
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President Trump’s push for a 50% tariff on EU imports draws a stern EU call for respect as transatlantic tensions rise.
Chinese President Xi Jinping and German Chancellor Friedrich Merz held a strategic phone call, underscoring renewed Sino-German cooperation on global economy, tech and sustainability.
China reaffirms its commitment to the WTO-based multilateral trading system, calling for open, inclusive trade to counter rising economic nationalism and fragmented markets.
Former World Bank VP Ian Goldin says China’s rapid market growth, fueled by major R&D and infrastructure investment, offers global opportunities.
Geneva trade talks saw 91 percent of China-U.S. tariffs removed, sparking new dialogue mechanisms and a win-win path for global markets and economic ties.
NBS spokesperson Fu Linghui says the Chinese mainland–U.S. tariff cut is set to boost bilateral trade and support global economic recovery.
Unilateral US tariffs may protect domestic producers, but hidden costs—from higher import prices to supply chain strains—affect consumers and businesses.
APEC trade ministers meet in Jeju to discuss innovation, connectivity, and sustainable trade amid downgraded regional growth projections.
California asks a federal court to block Trump’s tariffs, warning of a $25B hit and 64,000 job losses as the legal battle unfolds.
U.S. terminates additional 91% tariffs on goods from the Chinese mainland as of May 14; China’s Ministry of Commerce says it will adjust tariff and non-tariff measures on U.S. imports.