Trump administration ordered to help return man wrongly deported to El Salvador – US politics live

May Be Interested In:Anheuser-Busch Embracing ‘Made in America’ and Veterans to the Tune of $300 Million


Key events

Helen Davidson

China has raised its tariffs on US products to 125% in the latest salvo of the trade dispute with Washington, just hours after Xi Jinping said there were “no winners in a tariff war”.

Xi made the comments during a meeting with the Spanish prime minister in which he invited the EU to work with China to resist “bullying”, part of an apparent campaign to shore up other trading partners.

The Chinese commerce ministry announced on Friday that it was raising the 84% tariffs on all US imports to 125%, again saying that China was ready to “fight to the end”. The statement also suggested it may be Beijing’s last move in the tit-for-tat tariff raises as “at the current tariff level, there is no market acceptance for US goods exported to China”.

“If the US continues to impose tariffs on Chinese goods exported to the US, China will ignore it,” it said, flagging that there were other countermeasures to come.

Some markets continued to tumble on Friday, as the French president, Emmanuel Macron, described the US president’s 90-day tariff pause – which sets most tariffs at 10% until July – as “fragile”.

Asian indices followed Wall Street lower on Friday, with Japan’s Nikkei down nearly 5% and Hong Kong stocks heading towards the biggest weekly decline since 2008. Oil prices were also expected to drop for a second consecutive week.

Share
share Share facebook pinterest whatsapp x print

Similar Content

Vaccine critic Robert F. Kennedy Jr. confirmed as US health secretary
Vaccine critic Robert F. Kennedy Jr. confirmed as US health secretary
Trump Makes Judge Jeanine Interim US Attorney For DC
Trump Makes Judge Jeanine Interim US Attorney For DC
Flea treatments are turning our pets into an environmental hazard – there has to be a better way | Sophie Pavelle
Flea treatments are turning our pets into an environmental hazard – there has to be a better way | Sophie Pavelle
Enhancer-driven cell type comparison reveals similarities between the mammalian and bird pallium | Science
Enhancer-driven cell type comparison reveals similarities between the mammalian and bird pallium | Science
World Health Organization countries reach deal on pandemics
World Health Organization countries reach deal on pandemics
Starc heroics clinch IPL thriller
Starc heroics clinch IPL thriller
The Daily Buzz: News You Can’t Afford to Miss | © 2025 | Daily News