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China warned the Trump administration on Tuesday against reigniting trade tension by restoring tariffs on its goods next month, and threatened to retaliate against nations that strike deals with the United States to cut China out of supply chains.
President Donald Trump sent out a slew of letters Wednesday to some global trading partners, advising them of tariff levels as high as 50% for their exports to the United States.
President Trump posted letters to several countries threatening a new round of tariffs if they do not reach trade deals with the U.S. by August 1. So far, the White House has revealed partial new trade frameworks with only the UK,
It is a Great Honor for me to send you this letter in that it demonstrates the strength and commitment of our Trading Relationship,” Trump began each of the letters.
China said BRICS does not seek confrontation or target any country after U.S. President Donald Trump threatened a new 10 percent tariff.
He made the remark at a meeting between China and the Asean nations in Kuala Lumpur. Read more at straitstimes.com. Read more at straitstimes.com.
The pyrotechnics industry relies heavily on Chinese fireworks imports and warns that this could be the last big bang Fourth of July.
President Trump's tariff campaign, initiated in January 2025, has disrupted global financial markets and diplomatic ties, focusing on countries like China, Canada, and Mexico. The aggressive measures have raised concerns over inflation and geopolitical stability.