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China vows fight to the end as Trump warns 50% more tariffs
2025-04-16 08:45:03| Spiritual Career Counseling
BEIJING, China China vowed on Tuesday to fight to the end against fresh tariffs of 50 percent threatened by US President Donald Trump, further aggravating a trade war that has already wiped trillions off global markets.Trump upended the world economy last week with sweeping tariffs that have raised the spectre of an international recession, but has ruled out any pause in his aggressive trade policy despite a dramatic market sell-off.Article continues after this advertisementBeijing Washingtons major economic rival responded by announcing its own 34 percent duties on US goods to come into effect on Thursday, in a showdown between the worlds two biggest economies.FEATURED STORIESBUSINESSDigiPlus: Soon to join blue-chip basket PSEi?BUSINESSNegotiate not retaliate: Philippines open to cut tariffs on US importsBUSINESSPeso sinks back to 57-level as global markets plunge on Trump tariffsREAD: Stock markets plunge after China retaliates against Trump tariffsThe swift retaliation fro... [ more ]
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