Connect with us

Economy

China seeks support from allies amid US tarriff hike

Published

on

President of the People's Republic of China, Xi Jinping

President Donald Trump has raised tariffs on Chinese goods to 125%, intensifying the U.S.-China trade war.

China responded swiftly, imposing 84% duties on American products, vowing to resist Washington’s pressure without negotiation.

Trump paused tariffs on most countries for 90 days, claiming many are now ready to negotiate better trade terms.

China is seeking global support, especially from Europe and Southeast Asia, but most countries remain cautious and noncommittal.

Foreign Ministry spokesman Lin Jian said America’s actions will “end in failure,” calling China’s position morally justified.

Premier Li Qiang contacted European Commission President Ursula von der Leyen, promising deeper China-EU economic and trade ties.

China’s Commerce Minister Wang Wentao criticized U.S. tariffs, calling them illegal and damaging to global trade stability.

Wang described the tariffs as protectionist, unilateral, and a form of economic bullying that harms every nation.

Despite diplomatic efforts, countries like Australia and India have distanced themselves from China’s stance.

Australia’s Prime Minister said his country supports free trade and makes decisions independently in its national interest.

India reportedly turned down China’s call for a joint front against the U.S. trade aggression.

Russia was absent from the U.S. tariff list, raising questions about Washington’s strategy in picking trade targets.

Taiwan, hit with 32% tariffs, is preparing for direct talks with the United States on trade issues.

Southeast Asian nations, heavily reliant on U.S. markets, are struggling with increased tariffs and tight profit margins.

Markets reacted strongly. Japan’s index jumped 9%, Germany’s DAX rose 7.5%, and London’s FTSE 100 gained 5.4%.

See also  Germany refuses to give in to Trump's 25% car tariffs

U.S. stock futures dipped slightly. Oil prices also declined as investors remained uncertain about long-term trade outlooks.

China hinted at further retaliation, including restrictions on U.S. films, law firms, and service companies.

A Chinese Foreign Ministry op-ed called the U.S. a “tariff-wielding barbarian” and rejected forced negotiations.

Officials say China will introduce new policies as needed and continue assessing global economic risks.

Trump now faces a fragmented global response and volatile markets, while China says it’s ready for a long fight.


For Diaspora Digital Media Updates click on Whatsapp, or Telegram. For eyewitness accounts/ reports/ articles, write to: citizenreports@diasporadigitalmedia.com. Follow us on X (Fomerly Twitter) or Facebook

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest from DDM TV

Latest Updates

INNOSON VEHICLE MANUFACTURING

Atiku Raises Alarm Over Rising Terror Attacks in Sokoto’s Isa LGA

Violence Erupts Over Land Allocation as KADVIS Commander Murdered in Kubau

10,217 Lives Lost as Violence Engulfs Nigeria in 2025 Security Crisis

Abducted Benue Passengers Freed After Terrifying Week

Nuclear Truths & Selective Justice: The Treaty & West’s Dance With ‘Hypocrity’ (2) ~ by Hassan Gimba

Police Cannot Be Your Friend, Even If They Wanted To Be… ~ by Prince Charles Dickson

Nuclear Truths & Selective Justice: The Treaty & West’s Dance With ‘Hypocrity’ (1) ~ by Hassan Gimba

Democracy Without Voters And Nigeria’s Insecurity Crisis ~ by Chidi Odinkalu

Why NJC sacked Imo Acting Chief Judge Nzeukwu

Imo Police Uncovers Child Trafficking Ring, Rescues 12 Children

Subscribe to DDM Newsletter for Latest News