Trade War 2025

China Opposes Trump’s Reciprocal Tariffs, Vows “Countermeasures”

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Beijing: China on Thursday said it “firmly opposes” sweeping new US tariffs on its exports and vowed “countermeasures to safeguard its own rights and interests”. US President Donald Trump has ignited a potentially ruinous global trade war after imposing 10 percent levies on imports from around the world and harsh extra duties on key trading … Read more

Global Stocks Plunge As Trump Tariffs Fan Trade War

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Hong Kong: Equity markets suffered a bloodbath Thursday after Donald Trump delivered a “haymaker” blow with sweeping tariffs against US partners and rivals, fanning a global trade war that many fear will spark recessions and ramp up inflation. Tokyo’s Nikkei led an Asian selloff, collapsing more than four per cent, while US futures plunged, safe … Read more