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Xi, China and tariffs

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The Wall Street Journal |
“There are no winners in a tariff war. Confronting the world will only lead to isolation,” Xi told Spanish Prime Minister Pedro Sánchez in Beijing on Friday, according to the state news agency Xinhua.
MSNBC |
President Trump's tariff turmoil has caused market whiplash this week as China has raised their own tariffs on the U.S.
The Washington Post |
But his escalating import levies against China, and Beijing’s determination to fight back, leave the world’s two largest economies locked in a potentially devastating trade war.

Read more on News Digest

China ‘Is Not Afraid’ in Tariff War, Says Leader Xi Jinping
Chinese leader Xi Jinping said there were no winners in a trade war, in his first public comments on the matter since President Trump’s “Liberation Day” announcement last week. “There are no winners in a tariff war.
Xi says China ‘not afraid’ as Beijing raises tariffs on US goods to 125% in latest escalation of trade war
Chinese leader Xi Jinping has said his nation is “not afraid,” in his first public comment on the escalating trade war with the United States, as Beijing raised tariffs on US goods to 125%.
China never backs down when faced with ‘unreasonable’ behaviour, Xi Jinping warns
Xi told Spanish Prime Minister Pedro Sanchez that the EU should help China resist ‘unilateral bullying’ after the Trump tariffs landed.
How much more will Americans have to pay from the tariffs? About $4,700 per year
President Trump's tariff turmoil has caused market whiplash this week as China has raised their own tariffs on the U.S. NBC News' Christine Romans explains more. Executive director and co-founder at the Yale Budget Lab Martha Gimbel breaks down how the trade war will impact the price of everyday goods.
China hits back at US and will raise tariffs on American goods from 84% to 125%
China announced Friday that it will raise tariffs on U.S. goods from 84% to 125% — the latest salvo in an escalating trade war between the world’s two largest economies that has rattled markets
Trump Says He Would Love to Make a Trade Deal With China
U.S. President Donald Trump said on Thursday that he would love to get a deal with China to end an escalating trade war. Trump made the comments during a Cabinet meeting opened to press. U.S. Treasury Secretary Scott Bessent said during the meeting that as they settle deals with countries,
This U.S.-China trade war might not end well
This time, China is unlikely to respond to Trump’s trade war in the same way it did in his first term. In early 2020, after years of skirmishing, Beijing agreed to a “phase on
China Announces Countermeasures by Raising Tariffs on US Goods From 84% to 125% From Saturday
China announced countermeasures on Friday, raising tariffs on U.S. goods from 84% to 125% starting Saturday. The U.S. and China have escalated trade war by raising tariffs even as U.S. President Donald Trump hit a pause on tariffs for other countries.
China hits back at Trump tariff hike, turmoil rings recession alarm
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Xi and Lula step up meetings, firming China-Brazil ties with eyes on Trump
Brazil's President Luiz Inacio Lula da Silva will travel to China next month for his third meeting with President Xi Jinping since taking office in 2023, the government in Brasilia said, and a fourth meeting is already planned for July.
Steeling China for a Fight, Xi Faces His Biggest Test Since Covid
Xi Jinping has refused to back down in China’s tariff confrontation with President Trump. But he’ll have to persuade his people that the pain is worth it.
Trump is waiting for Xi to call. The Chinese see it differently
The White House has made clear to Chinese officials that President Xi Jinping should request a call with Trump. But Beijing has repeatedly refused to arrange a leader-level phone call.
White House Responds After Reporter Asks Why Trump Doesn't Call China's Xi
White House press secretary Karoline Leavitt said Trump is "optimistic" about a China deal, even though he and Xi haven't spoken.
Trump-Xi Truce Appears Elusive as China Prepares to Dig In
President Donald Trump has floated talks with his Chinese counterpart more than half a dozen times since the trade war started. But prospects look remote, even as their tariff fight appears to have peaked.
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Experts predict Xi Jinping willing to do ‘whatever it takes’ to inflict ‘pain’ on US, including cutting access to essential minerals
Chinese President Xi Jinping has an array of tools beyond tariffs he could use to inflict damage on the U.S. in an escalating trade war, but the most consequential could be cutting off access to critical minerals,
China's Xi tells Spanish PM that partnership needed, no mention of talks with US
China calls on Western countries to work to support multilateralism and open cooperation, Chinese President Xi Jinping told Spain’s visiting Prime Minister Pedro Sánchez on Friday, as Beijing woos allies for its escalating tariff fight with U.
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Trump Tariffs | Xi Jinping urges EU to oppose 'unilateral acts of bullying' in meet with Spanish PM
Spanish Prime Minister Pedro Sanchez is on his third visit to China in as many years. He stated, 'Trade wars are not good, nobody wins. And this is clear, the world needs both China and the United States to talk.
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