There is no winner in a tariff war, and going against the world will only result in self-isolation, Chinese President Xi Jinping said when meeting with Spanish Prime Minister Pedro Sanchez in Beijing on Friday. Xi said over the past 70 years and more, China has achieved development through self-reliance ...
US President Donald Trump abruptly paused planned tariff hikes on most countries on Thursday, sending global markets surging with optimism. However, the reprieve was short-lived as Trump simultaneously escalated the trade war with China, slapping a staggering 125% tariff on Chinese imports. The mixed signals from the White House came ...