Chinese state media warned on Tuesday that the United States could suffer significant economic harm as other countries retaliate against its tariffs with “high tariffs” on American goods.
Barely two months into his new term, Trump has already set off a chain reaction by imposing tariffs on imports from China, Canada, Mexico, and the European Union. In addition, the administration is threatening reciprocal tariffs on any country that taxes US imports, with these levies potentially coming into effect as early as April 2.
“In response to U.S. tariffs, its trading partners will not sit idly by,” the Global Times editorial declared, suggesting that retaliatory measures could include steep tariffs on US exports. The publication added that many countries might opt for such high tariffs as a means to counteract America’s aggressive trade policies.
China has already launched a series of countermeasures in February and March. These actions include imposing retaliatory levies on US agricultural and food exports, enforcing export and investment curbs on 25 US firms, suspending soybean import licenses for three US companies, halting imports of US logs, and even launching investigations into certain US fibre optic products.
To mitigate the impact of these external shocks on its domestic economy, China’s commerce ministry is reportedly preparing a series of measures to help foreign companies based in China expand their sales within the country. This comes as many nations seek to diversify their economic partnerships and reduce reliance on the United States by forging new trade alliances.
The escalating trade tit-for-tat reflects deepening global concerns about the US approach to trade policy, with critics warning that such reciprocal actions could ultimately hurt American industries and consumers. As the international community braces for a potential new wave of tariffs, the coming weeks could prove pivotal in shaping the future of global trade relations.
U.S. Commerce Department bureaus have reportedly issued a blanket ban on the Chinese AI model DeepSeek for use on government-furnished equipment, according to sources and a mass email seen by Reuters.
EU ministers vowed on Monday to explore ways to save Radio Free Europe/Radio Liberty (RFE/RL) after U.S. President Donald Trump cut its funding, but warned that replacing U.S. support would not be easy.
A U.S. spy drone withdrew from near Iranian airspace after being intercepted by Iranian F-14 fighter jets and reconnaissance drones, Iran’s Nournews reported on Monday, citing the country's Army Air Force.
The Trump administration on Monday announced that it had determined Maine’s educational authorities are in violation of federal law prohibiting sex discrimination, after allowing transgender girls to participate in school sports.
U.S. homebuilder sentiment fell to its lowest level in seven months in March, as rising tariffs on imported materials have driven up construction costs, according to the latest survey from the National Association of Home Builders (NAHB) and Wells Fargo.
NHL stars, including Sidney Crosby and Erik Karlsson, will take the ice in Sweden as the Penguins and Predators face off in the Global Series at Avicii Arena on Nov. 14 and 16. Fans eager to see hockey’s biggest names, like Crosby and Connor McDavid, prompted the league’s international push
The suspension of nearly all USAID funding by the Trump administration is shuttering vital humanitarian and anti-gang programs in Colombia’s poorest regions, jeopardizing the implementation of the country’s 2016 peace deal with leftist FARC rebels.
U.S. President Donald Trump and Russian President Vladimir Putin discussed the Ukraine war in a phone call Tuesday, with Washington hoping to secure a 30-day ceasefire and progress toward a lasting peace. While Kyiv has agreed, Trump aims to persuade Putin to fully commit to the truce.
A tragic plane crash off the coast of Honduras has left at least 12 dead, including renowned musician Aurelio Martinez Suazo. The Jetstream aircraft plunged into the sea minutes after takeoff from Roatán Island, with five survivors rescued. Search efforts continue amid challenging conditions.
Europol has warned that organised crime gangs are increasingly leveraging artificial intelligence to scale up scams and payment systems, making their operations more global, cost-efficient, and difficult to detect.
The inside of a Herculaneum delicate & ancient scroll, unseen for nearly 2,000 years, has been revealed using Artificial Intelligence.
World leaders welcomed the 30-day ceasefire proposal that Ukraine has agreed to, calling it a step toward ending the conflict with Russia.
Regarding the Armenia-Azerbaijan process, we cannot forget the years of occupation, and we will not forget them, President Ilham Aliyev said in his speech at the opening ceremony of the 12th Global Baku Forum.
President Donald Trump has vowed to respond to the European Union's counter-tariffs, escalating tensions over the U.S. steel and aluminum duties that have sparked a trade dispute between the two economic powers.
Speaking at a meeting of AIPAC’s board of directors, Israeli Foreign Minister Gideon Sa’ar stated that the decision to resume strikes in Gaza was made several days ago and that the military operation will persist beyond today.
Russian President Vladimir Putin on Tuesday cautioned his economic team against overcooling the national economy through overly tight monetary policies ahead of the central bank's impending rate decision.
Brazil’s government on Tuesday unveiled a long-promised income tax reform aimed at exempting individuals earning up to 5,000 reais (approximately $881) per month from paying income tax.
Tear gas filled the air as French police raided a Paris theatre at dawn, evicting over 400 migrants who had been squatting there for months. Protesters shouted "shame" as riot police moved in, sparking clashes. The migrants, mostly West Africans, say they have nowhere else to go.
NHL stars, including Sidney Crosby and Erik Karlsson, will take the ice in Sweden as the Penguins and Predators face off in the Global Series at Avicii Arena on Nov. 14 and 16. Fans eager to see hockey’s biggest names, like Crosby and Connor McDavid, prompted the league’s international push
NHL stars, including Sidney Crosby and Erik Karlsson, will take the ice in Sweden as the Penguins and Predators face off in the Global Series at Avicii Arena on Nov. 14 and 16. Fans eager to see hockey’s biggest names, like Crosby and Connor McDavid, prompted the league’s international push
The suspension of nearly all USAID funding by the Trump administration is shuttering vital humanitarian and anti-gang programs in Colombia’s poorest regions, jeopardizing the implementation of the country’s 2016 peace deal with leftist FARC rebels.
U.S. President Donald Trump and Russian President Vladimir Putin discussed the Ukraine war in a phone call Tuesday, with Washington hoping to secure a 30-day ceasefire and progress toward a lasting peace. While Kyiv has agreed, Trump aims to persuade Putin to fully commit to the truce.
A tragic plane crash off the coast of Honduras has left at least 12 dead, including renowned musician Aurelio Martinez Suazo. The Jetstream aircraft plunged into the sea minutes after takeoff from Roatán Island, with five survivors rescued. Search efforts continue amid challenging conditions.
Europol has warned that organised crime gangs are increasingly leveraging artificial intelligence to scale up scams and payment systems, making their operations more global, cost-efficient, and difficult to detect.
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