China raises import taxes on US goods to 125% as the trade war with the US over Donald Trump's global tariffs escalates President Xi Jinping calls on the EU to join China in opposing "bullying" from the US, saying "there are no winners in a tariff war"
The European Union and China are now starting negotiations to abolish EU tariffs on Chinese electric vehicles. This is a major strategic failure for the United States.
-- Brian Tyler Cohen (@briantylercohen.bsky.social) April 10, 2025 at 3:03 PM
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