April 11, 2025

China’s leader has spoken out sharply against the United States’ new tariff policy, warning that there are no winners in trade wars and that going against the world means isolating oneself.   Xi Jinping called on Europe to unite under these conditions to protect its interests in order to “fulfill its international obligations, jointly uphold…

Reuters. The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty duties he had just imposed on dozens of countries, European Commission chief Ursula von der Leyen said on Thursday (April 10).   The bloc was due to launch counter-tariffs on about 21 billion euros ($23.25…