April 13, 2025
Sydney 29

In 1st reaction, Xi says ‘no winners in tariff war’, slaps 125% on US imports

Beijing increased its tariffs on US imports to 125% Friday, hitting back against US President Trump’s decision to hike duties on Chinese goods. In his first public reaction on the tariff war, Chinese president Xi Jinping, during a meeting with Spanish PM Pedro Sanchez in Beijing, said, “There are no winners in a tariff war […]

China to ‘moderately reduce’ number of US film imports: China Film Administration

Beijing: China’s Film Administration said on Thursday it would “moderately reduce” the number of US films it imported into the country, as a standoff between the world’s two largest economies escalates. US President Donald Trump on Wednesday raised tariffs on Chinese goods to 125 percent, while China has imposed retaliatory levies of 84 percent. And […]