Xi Jinping makes a bold move as the US-China trade war escalates to new heights. Tariffs are rising, and tensions are reaching a boiling point. Will Trump be shocked by China’s next steps?

US-China trade war: Crisis mode in the Trump administration? Japan officials in US for talks

China, for the first time in more than a decade, convened an unusual Central Conference on Work Relating to Neighbouring Countries on April 9, raising eyebrows as it comes right after Trump began its tariff war.&nbsp;
As US President Donald Trump singled out China from its "mercy list", imposing higher and higher tariffs, Beijing has been making efforts to stabilise its territory and strengthen ties with the neighbours.&nbsp;
<h2>How tariffs went from 34% to 245%?&nbsp;</h2>
The trade war begins with Trump imposing 34% tariffs on China on its "Liberation Day". Following this, Beijing retaliated and imposed 34% tariffs on the US.&nbsp;
Of course, Trump did not like it, as he slammed China in a Truth Social post, saying, China panicked and they should not have done this. "CHINA PLAYED IT WRONG, THEY PANICKED - THE ONE THING THEY CANNOT AFFORD TO DO!," the US president said in a post on Truth Social.&nbsp;
Also read: <a href="https://www.wionews.com/world/trump-says-ball-is-in-chinas-court-on-beijing-to-make-tariff-deal-with-him-8967865">Trump says 'ball is in China's court' on Beijing to make tariff deal with him</a>
The tariff war kept on intensifying as both nations did not back out and kept on imposing higher and higher tariffs. The US then warned China, saying that it will impose a 50% tariff if China doesn't back down.&nbsp;
However, China being brave and unbothered, didn't back down, which led to Trump announcing a whopping 104% tariffs on Beijing. China again retaliated with 84% tariffs on all American goods.&nbsp;
This annoyed Trump, and he imposed 125% tariffs on China while showing compassion to other 75+ nations, which according to him have contacted the US representatives for trade talks. Trump did not stop here, and on Tuesday, the White House announced 245% tariffs on Chinese goods.&nbsp;
WATCH | <a href="https://www.wionews.com/videos/china-hit-by-tariffs-up-to-245-on-imports-amid-escalating-trade-tensions-8968902">China hit by tariffs up to 245% on imports amid escalating trade tensions</a>
<h2>'Amicable, secure and prosperous neighbourhood'</h2>
Coming to China's new in-making friendship with neighbouring countries, Chinese President Xi Jinping, during the neighbourhood conference, pledged to strengthen China's ties with neighbouring nations by "appropriately" managing differences.
He also noted that China&rsquo;s relations with neighbouring countries were at a "critical phase&rdquo; amid global uncertainties.&nbsp;
The ongoing trade war between China and the US has also pushed and made Beijing realise to mend ties with the neighbouring countries, showing it a "sense of urgency".&nbsp;
Despite China's differences with multiple neighbouring countries, including &nbsp;Japan, the Philippines, Vietnam and India, Jinping's statement claimed that ties with neighbouring countries were &ldquo;at their best in modern times&rdquo;, while entering &ldquo;a critical phase of deep linkage between the regional landscape and the world changes&rdquo;.
Jinping also said that China would foster &ldquo;an amicable, secure and prosperous neighbourhood&rdquo;, using high-quality Belt and Road Initiative cooperative projects.&nbsp;
WATCH | <a href="https://www.wionews.com/videos/us-china-trade-war-us-imposes-245-tariffs-on-chinese-imports-8969057">US-China trade war: US imposes 245% tariffs on Chinese imports</a>
<h2>How it flipped for India?</h2>
During the "rough phase" China is going through, it also flipped towards India. Despite the growing issues between the two nations, China shockingly turned all friendly towards India on April 9.&nbsp;
A spokesperson for the Chinese embassy in India said that the two "largest developing" countries should "stand together" to overcome the difficulties brought by the ongoing trade war.&nbsp;
Even after many clashes, now China has emphasised mutual benefits, saying that the China-India economic and trade relationship is based on complimentarity and mutual benefit.
"Facing the U.S. abuse of tariffs, which deprives countries, especially Global South countries, of their right to development, the two largest developing countries should stand together to overcome the difficulties," Spokesperson Yu Jing said earlier this month.&nbsp;
Even though Trump has been imposing higher tariffs on China, and not letting this war take a pause, he also showed openness to strike a deal with China, saying that "the ball is in China's court."
Yet, it is unclear what the future holds for these two nations as the raging tariff war keeps on getting intense and intense, with neither the US nor China wanting to back down.&nbsp;
Also read: <a href="https://www.wionews.com/world/stop-threatening-china-warns-after-us-slaps-beijing-with-whopping-245-tariffs-donald-trump-trade-war-imports-8968395">'Stop threatening': China warns after US slaps Beijing with whopping 245% tariffs</a>
Disclaimer: The views of the writer do not represent the views of WION or ZMCL. Nor does WION or ZMCL endorse the views of the writer.
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China also flipped towards India. Despite the growing issues between two nations, China turned all friendly towards India on April 9. WORLD, India news, opinion & blogs

China, for the first time in more than a decade, convened an unusual Central Conference on Work Relating to Neighbouring Countries on April 9, raising eyebrows as it comes right after Trump began its tariff war. As US President Donald Trump singled out China from its "mercy list", imposing higher and higher tariffs, Beijing has been making efforts to stabilise its territory and strengthen ties with the neighbours. How tariffs went from 34% to 245%? The trade war begins with Trump imposing 34% tariffs on China on its "Liberation Day". Following this, Beijing retaliated and imposed 34% tariffs on the US. Of course, Trump did not like it, as he slammed China in a Truth Social post, saying, China panicked and they should not have done this. "CHINA PLAYED IT WRONG, THEY PANICKED - THE ONE THING THEY CANNOT AFFORD TO DO!," the US president said in a post on Truth Social. Also read: Trump says 'ball is in China's court' on Beijing to make tariff deal with him The tariff war kept on intensifying as both nations did not back out and kept on imposing higher and higher tariffs. The US then warned China, saying that it will impose a 50% tariff if China doesn't back down. However, China being brave and unbothered, didn't back down, which led to Trump announcing a whopping 104% tariffs on Beijing. China again retaliated with 84% tariffs on all American goods. This annoyed Trump, and he imposed 125% tariffs on China while showing compassion to other 75+ nations, which according to him have contacted the US representatives for trade talks. Trump did not stop here, and on Tuesday, the White House announced 245% tariffs on Chinese goods. WATCH | China hit by tariffs up to 245% on imports amid escalating trade tensions 'Amicable, secure and prosperous neighbourhood' Coming to China's new in-making friendship with neighbouring countries, Chinese President Xi Jinping, during the neighbourhood conference, pledged to strengthen China's ties with neighbouring nations by "appropriately" managing differences. He also noted that China’s relations with neighbouring countries were at a "critical phase” amid global uncertainties. The ongoing trade war between China and the US has also pushed and made Beijing realise to mend ties with the neighbouring countries, showing it a "sense of urgency". Despite China's differences with multiple neighbouring countries, including Japan, the Philippines, Vietnam and India, Jinping's statement claimed that ties with neighbouring countries were “at their best in modern times”, while entering “a critical phase of deep linkage between the regional landscape and the world changes”. Jinping also said that China would foster “an amicable, secure and prosperous neighbourhood”, using high-quality Belt and Road Initiative cooperative projects. WATCH | US-China trade war: US imposes 245% tariffs on Chinese imports How it flipped for India? During the "rough phase" China is going through, it also flipped towards India. Despite the growing issues between the two nations, China shockingly turned all friendly towards India on April 9. A spokesperson for the Chinese embassy in India said that the two "largest developing" countries should "stand together" to overcome the difficulties brought by the ongoing trade war. Even after many clashes, now China has emphasised mutual benefits, saying that the China-India economic and trade relationship is based on complimentarity and mutual benefit. "Facing the U.S. abuse of tariffs, which deprives countries, especially Global South countries, of their right to development, the two largest developing countries should stand together to overcome the difficulties," Spokesperson Yu Jing said earlier this month. Even though Trump has been imposing higher tariffs on China, and not letting this war take a pause, he also showed openness to strike a deal with China, saying that "the ball is in China's court." Yet, it is unclear what the future holds for these two nations as the raging tariff war keeps on getting intense and intense, with neither the US nor China wanting to back down. Also read: 'Stop threatening': China warns after US slaps Beijing with whopping 245% tariffs Disclaimer: The views of the writer do not represent the views of WION or ZMCL. Nor does WION or ZMCL endorse the views of the writer.

Is Trump’s tariff war pushing 'desperate' China closer to its neighbours? Here's how Beijing wants to 'team up' with India

India is quietly emerging as a global electronics powerhouse, even as the U.S. prioritises protectionist policies through tariffs. The broader strategy of diversifying supply chains away from China continues to benefit India.

India builds its electronics edge despite tariff threats

Luxury goods giant LVMH reported a 2% decline in first-quarter sales. The dip comes amid mounting uncertainty sparked by Donald Trump’s global tariffs, including a 20% duty on European goods. The United States, which accounts for a quarter of LVMH’s total revenue, saw a slight overall sales decline, despite resilience in fashion, watches, and jewellery.

Luxury giant LVMH hit by US-EU trade tensions

As China grapples with the fallout from the US trade war, its economy faces increasing pressure. Donald Trump’s tariffs threaten to disrupt China’s access to the US market, potentially putting 20 million jobs at risk.

Goldman Sachs warns of 20 Mn jobs at risk in China

As the US-China tariff war intensifies, President Xi Jinping has embarked on a strategic 3-nation tour of Southeast Asia to strengthen regional ties and diversify Beijing’s trade routes. His visit to Vietnam drew criticism from President Trump, while China and Vietnam signed 45 key cooperation agreements signaling closer economic alignment.

Trade war: President Xi Jinping tours Southeast Asia amid US tariff war tensions

Chinese President Xi Jinping said in Hanoi on Monday that China and Vietnam should &ldquo;jointly oppose unilateral bullying and firmly uphold the multilateral trading system.&nbsp;
Xi, who is on a state visit to the Southeast Asian nation in the shadow of US tariffs, met Vietnamese Prime Minister Pham Minh Chinh and General Secretary of the Communist Party of Vietnam, To Lam, and said, &ldquo;We must strengthen strategic resolve, jointly oppose unilateral bullying, and uphold the stability of the global free trade system as well as industrial and supply chains.&rdquo;&nbsp;
The remarks come as the United States ramps up economic pressure on Beijing, including a sweeping 145% tariff on Chinese goods and broader moves to decouple from Chinese supply chains, said a Xinhua news agency report.
Earlier in the day, China and Vietnam signed dozens of cooperation agreements, strengthening ties between the communist-run countries after Jinping warned that protectionism &ldquo;leads nowhere&rdquo; and a trade war would have &ldquo;no winners&rdquo;.
In his meeting with the Vietnamese PM, Xi said the two countries should work together to push for an economic globalisation that is more open, inclusive, balanced, and beneficial to all. <a href="https://www.wionews.com/world/former-uk-minister-says-bangladesh-arrest-warrant-politically-motivated-smear-campaign-8962042">Also Read | Former UK minister says Bangladesh arrest warrant &lsquo;politically motivated smear campaign&rsquo;</a>
Xi is in Vietnam for the first leg of a Southeast Asia tour, as Beijing is trying to present itself as a reliable alternative to the US after President Donald Trump announced and then mostly reversed sweeping tariffs.
The two neighbours signed 45 cooperation agreements, including on supply chains, artificial intelligence, joint maritime patrols, and railway development. Xi&rsquo;s visit comes after the United States&mdash;the biggest export market for Vietnam&mdash;imposed a 46 per cent levy on Vietnamese goods as part of a global tariff blitz.
Although the US tariffs on Vietnam and most other countries have been paused, China is still facing high levies and is seeking to offset their impact with regional trade. On Tuesday, Xi will depart for Malaysia and Cambodia on his regional tour.
Also read:&nbsp;<a href="https://www.wionews.com/world/this-is-bidens-war-eu-convenes-emergency-talks-after-trump-calls-russian-strike-on-ukraine-a-mistake-8960870" rel="dofollow noopener" target="_blank">&lsquo;This is Biden&rsquo;s war&rsquo;: EU convenes emergency talks after Trump calls Russian strike on Ukraine a &lsquo;mistake&rsquo;</a>
In his meeting with Lam, Xi said Vietnam and China were &ldquo;standing at the turning point of history... and should move forward&rdquo; together.
In an article published in Vietnam&rsquo;s state-run Nhan Dan newspaper on Monday, he reiterated Beijing&rsquo;s line that a &ldquo;trade war and tariff war will produce no winner, and protectionism will lead nowhere.&rdquo;
Meanwhile, Lam said in an article posted on the government&rsquo;s news portal that his country &ldquo;is always ready to join hands with China to make cooperation between the two countries more substantive, profound, balanced, and sustainable&rdquo;.
Vietnam was Southeast Asia&rsquo;s biggest buyer of Chinese goods last year, followed by Malaysia.
Also Read | <a href="https://www.wionews.com/world/i-just-got-here-trump-insists-russia-ukraine-war-not-his-war-slams-zelensky-biden-for-absolutely-horrible-job-8961927">&lsquo;I just got here&rsquo;: Trump insists Russia-Ukraine War &lsquo;not his war,&rsquo; slams Zelensky, Biden for &lsquo;absolutely horrible job&rsquo;</a>
Vietnam has long pursued a &ldquo;bamboo diplomacy&rdquo; approach that aims to stay on good terms with both China and the United States, as Hanoi shares US concerns about Beijing&rsquo;s increasing assertiveness in the South China Sea. China claims almost all of the South China Sea as its own, but this is disputed by the Philippines, Malaysia, Vietnam, Indonesia, and Brunei. Xi said in his article that Beijing and Hanoi &ldquo;should properly manage differences and safeguard peace and stability in our region.&rdquo;

World: Although the US tariffs on Vietnam and most other countries have been paused, China is still facing high levies and is seeking to offset their impact with regional trade.

Chinese President Xi Jinping said in Hanoi on Monday that China and Vietnam should “jointly oppose unilateral bullying and firmly uphold the multilateral trading system. Xi, who is on a state visit to the Southeast Asian nation in the shadow of US tariffs, met Vietnamese Prime Minister Pham Minh Chinh and General Secretary of the Communist Party of Vietnam, To Lam, and said, “We must strengthen strategic resolve, jointly oppose unilateral bullying, and uphold the stability of the global free trade system as well as industrial and supply chains.” The remarks come as the United States ramps up economic pressure on Beijing, including a sweeping 145% tariff on Chinese goods and broader moves to decouple from Chinese supply chains, said a Xinhua news agency report. Earlier in the day, China and Vietnam signed dozens of cooperation agreements, strengthening ties between the communist-run countries after Jinping warned that protectionism “leads nowhere” and a trade war would have “no winners”. In his meeting with the Vietnamese PM, Xi said the two countries should work together to push for an economic globalisation that is more open, inclusive, balanced, and beneficial to all. Also Read | Former UK minister says Bangladesh arrest warrant ‘politically motivated smear campaign’ Xi is in Vietnam for the first leg of a Southeast Asia tour, as Beijing is trying to present itself as a reliable alternative to the US after President Donald Trump announced and then mostly reversed sweeping tariffs. The two neighbours signed 45 cooperation agreements, including on supply chains, artificial intelligence, joint maritime patrols, and railway development. Xi’s visit comes after the United States—the biggest export market for Vietnam—imposed a 46 per cent levy on Vietnamese goods as part of a global tariff blitz. Although the US tariffs on Vietnam and most other countries have been paused, China is still facing high levies and is seeking to offset their impact with regional trade. On Tuesday, Xi will depart for Malaysia and Cambodia on his regional tour. Also read: ‘This is Biden’s war’: EU convenes emergency talks after Trump calls Russian strike on Ukraine a ‘mistake’ In his meeting with Lam, Xi said Vietnam and China were “standing at the turning point of history... and should move forward” together. In an article published in Vietnam’s state-run Nhan Dan newspaper on Monday, he reiterated Beijing’s line that a “trade war and tariff war will produce no winner, and protectionism will lead nowhere.” Meanwhile, Lam said in an article posted on the government’s news portal that his country “is always ready to join hands with China to make cooperation between the two countries more substantive, profound, balanced, and sustainable”. Vietnam was Southeast Asia’s biggest buyer of Chinese goods last year, followed by Malaysia. Also Read | ‘I just got here’: Trump insists Russia-Ukraine War ‘not his war,’ slams Zelensky, Biden for ‘absolutely horrible job’ Vietnam has long pursued a “bamboo diplomacy” approach that aims to stay on good terms with both China and the United States, as Hanoi shares US concerns about Beijing’s increasing assertiveness in the South China Sea. China claims almost all of the South China Sea as its own, but this is disputed by the Philippines, Malaysia, Vietnam, Indonesia, and Brunei. Xi said in his article that Beijing and Hanoi “should properly manage differences and safeguard peace and stability in our region.”

Xi calls on Vietnam to join hands with China in ‘opposing unilateral bullying’

China on Sunday (April 13) called on the United States to fully withdraw its reciprocal tariffs, following a recent move by Washington to lift import duties on certain consumer electronics such as smartphones and laptops.
In a statement released on Sunday, China&rsquo;s commerce ministry said, &ldquo;We urge the US to... take a big step to correct its mistakes, completely cancel the wrong practice of 'reciprocal tariffs' and return to the right path of mutual respect.&rdquo;
The ministry described the partial exemption as only a &ldquo;small step,&rdquo; saying the decision to lift tariffs on some tech products did not go far enough in fixing what it called Washington&rsquo;s &ldquo;wrongdoing&rdquo;.
Also read: <a href="https://www.wionews.com/world/china-to-wto-head-us-tariffs-will-inflict-serious-harm-on-developing-countries-8955884" rel="dofollow noopener" target="_blank">China to WTO head: 'US tariffs will inflict serious harm on developing countries'</a>
Quoting a Chinese proverb, the ministry added, &ldquo;The bell on a tiger's neck can only be untied by the person who tied it,&rdquo; calling on the United States to take full responsibility and cancel the levies altogether.
<h2>US eases tariffs on tech products</h2>
On Saturday, the administration of President Donald Trump announced that smartphones, laptops and other electronics would be excluded from previously imposed tariffs. The decision offers major relief to tech companies such as Apple and Dell that depend heavily on imported components.
Also read: <a href="https://www.wionews.com/world/explained-why-uk-is-rushing-to-save-its-last-steel-plant-and-what-trump-china-and-indias-tata-steel-have-to-do-with-it-8955418" rel="dofollow noopener" target="_blank">Explained: Why UK is rushing to save its last steel plant and what Trump, China and India's Tata Steel have to do with it?</a>
The exemptions cover 20 product categories under the broad 8471 tariff code, which includes computers, laptops, disc drives, semiconductors, memory chips and flat panel displays. These changes apply retroactively from 5 April at 12:01 a.m. EDT.
The notice, issued by the U.S. Customs and Border Protection agency, did not give a reason for the decision. However, it also lifts the 10% &ldquo;baseline&rdquo; tariffs that affected electronics from countries other than China, such as semiconductors from Taiwan and Apple&rsquo;s iPhones made in India.
Watch: <a href="https://www.wionews.com/videos/china-watches-on-as-asean-nations-eye-us-deal-8956799">China watches on as ASEAN nations eye US deal</a>
<h2>China says it&rsquo;s reviewing impact</h2>
Responding to the exemptions, a spokesperson from China&rsquo;s commerce ministry said, &ldquo;China is now evaluating the impact.&rdquo; The country criticised the original 145% tariffs introduced during Trump&rsquo;s earlier trade clampdown, urging the U.S. to reverse course completely.
When asked on Saturday about the tariff rollbacks and future semiconductor policy, Trump said, &ldquo;I&rsquo;ll give you that answer on Monday. We&rsquo;ll be very specific on Monday... we&rsquo;re taking in a lot of money, as a country, we&rsquo;re taking in a lot of money.&rdquo;
Also read: <a href="https://www.wionews.com/world/zero-tariff-war-on-electronics-semiconductors-us-president-donald-trump-exempts-phones-computers-and-chips-from-reciprocal-tariffs-8955379">ZERO tariff on electronics? Trump exempts phones, computers and chips from reciprocal tariffs</a>
(With inputs from agencies)

World: In a statement released on Sunday, China’s commerce ministry said, “We urge the US to... take a big step to correct its mistakes, completely cancel the wrong practice of 'reciprocal tariffs' and return to the right path of mutual respect.”

China on Sunday (April 13) called on the United States to fully withdraw its reciprocal tariffs, following a recent move by Washington to lift import duties on certain consumer electronics such as smartphones and laptops. In a statement released on Sunday, China’s commerce ministry said, “We urge the US to... take a big step to correct its mistakes, completely cancel the wrong practice of 'reciprocal tariffs' and return to the right path of mutual respect.” The ministry described the partial exemption as only a “small step,” saying the decision to lift tariffs on some tech products did not go far enough in fixing what it called Washington’s “wrongdoing”. Also read: China to WTO head: 'US tariffs will inflict serious harm on developing countries' Quoting a Chinese proverb, the ministry added, “The bell on a tiger's neck can only be untied by the person who tied it,” calling on the United States to take full responsibility and cancel the levies altogether. US eases tariffs on tech products On Saturday, the administration of President Donald Trump announced that smartphones, laptops and other electronics would be excluded from previously imposed tariffs. The decision offers major relief to tech companies such as Apple and Dell that depend heavily on imported components. Also read: Explained: Why UK is rushing to save its last steel plant and what Trump, China and India's Tata Steel have to do with it? The exemptions cover 20 product categories under the broad 8471 tariff code, which includes computers, laptops, disc drives, semiconductors, memory chips and flat panel displays. These changes apply retroactively from 5 April at 12:01 a.m. EDT. The notice, issued by the U.S. Customs and Border Protection agency, did not give a reason for the decision. However, it also lifts the 10% “baseline” tariffs that affected electronics from countries other than China, such as semiconductors from Taiwan and Apple’s iPhones made in India. Watch: China watches on as ASEAN nations eye US deal China says it’s reviewing impact Responding to the exemptions, a spokesperson from China’s commerce ministry said, “China is now evaluating the impact.” The country criticised the original 145% tariffs introduced during Trump’s earlier trade clampdown, urging the U.S. to reverse course completely. When asked on Saturday about the tariff rollbacks and future semiconductor policy, Trump said, “I’ll give you that answer on Monday. We’ll be very specific on Monday... we’re taking in a lot of money, as a country, we’re taking in a lot of money.” Also read: ZERO tariff on electronics? Trump exempts phones, computers and chips from reciprocal tariffs (With inputs from agencies)

'Correct your mistakes': China demands US ‘completely cancel’ Trump’s reciprocal tariffs after electronics exemption

With Washington's unpredictable tariffs on the horizon, India is working with unprecedented urgency to sign a trade deal with the United States. As India seeks to avoid the looming economic impact of US tariffs, both nations are pushing for a deal by fall. Watch this report to know more!

Trump's trade war: India seeks US trade deal to avoid tariffs

As the US-China trade war escalates, African countries are emerging as unexpected victims. With rising tariffs and disrupted global trade routes, poor African nations may face a double economic blow. The World Health Organization has also raised concerns about the ripple effects on healthcare and essential imports.

US-China trade war makes African nations scramble for new partners

Chinese are mocking Donald Trump's tariff war with memes on American re-industrialisation as the president tries to bring jobs to the country. The AI-generated videos combine the obesity crisis in the country with factory jobs that Trump thinks will return to the US because of the high tariffs he has imposed on countries across the world.
The video showing obese white men and women working in sweatshop factories, stitching clothes and underwear on sewing machines, went viral on social media. American men can also be seen assembling mobile phones in factories. The AI-generated video ends with the tagline &ldquo;Make America Great Again" and mocks the idea of American reindustrialisation.
Also Read: <a href="https://www.wionews.com/world/china-hits-back-with-125-per-cent-tariff-at-us-says-will-ignore-further-retaliation-from-trump-admin-8950598" rel="dofollow noopener" target="_blank">China hits back with 125 per cent tariff at US, says will ignore further retaliation from Trump admin</a>
The videos making fun of the obesity crisis in America now have an added twist to them. In the new videos, obese white men can be seen making products for Apple, Nike and Tesla. The video shows them making sneakers while bags of chips and coke lie on the table. The man then whips out a burger and takes a bite.
<blockquote class="twitter-tweet publive-iframes-block publive-Twitter-block" contenteditable="false" width="600" height="400" id="PL_blockquote_block-m9dox40q-mb5doi4k-4flo1o9b">
The Chinese made another American re-industrialisation meme 😂<a href="https://t.co/IJoMZmAxHA">pic.twitter.com/IJoMZmAxHA</a>
&mdash; ADAM (@AdameMedia) <a href="https://twitter.com/AdameMedia/status/1910339720669778261?ref_src=twsrc%5Etfw">April 10, 2025</a></blockquote>
The next clip shows the man working on a Tesla car. Notably, Tesla has manufacturing facilities in China, Germany, the Netherlands and Canada, apart from factories in the US. The video goes on to show obese men assembling iPhones as "Apple Made in USA" is seen on the wall.
Also Read: <a href="https://www.wionews.com/business-economy/elon-musk-tesla-china-orders-frozen-musk-feels-pain-of-trump-tariff-war-why-is-china-big-for-musk-evs-and-lithium-batteries-8950911" rel="dofollow noopener" target="_blank">Elon Musk's Tesla freezes orders in China: DOGE chief is feeling the pinch of 'boss' Trump's tariff war</a>
You then see the men and women assembling AI chips that Nvidia manufactures. Even though the tech giant is based in California, the company makes its graphics processing units (GPUs) and other chips in Taiwan. The video again plays on the fast food fad in America and shows a bucket of chicken and milkshake sitting on the table of the factory worker.
<h2>Video hints at downfall of Nike, Adidas, Tesla and Nvidia&nbsp;</h2>
The video ends with four signages - Nike, Adidas, Tesla and Nvidia - posted in the desert with the tagline reading - Make America Rich Again, as all the boards tumble to the ground, hinting at the downfall of the big business empires set up in the United States but dependent on other countries for their needs.
<iframe width="600" height="auto" style="width: 100%; aspect-ratio: 4/3;" allowfullscreen="allowfullscreen" class="external-video publive-iframes-block" src="https://cdn.thepublive.com/wion/static/kaltura_player/wion_video_player_iframe.html?thumbnail=wion/media/post_attachments/screenshot/1104_ARJUN_FINLAND_10PM/00000002.jpg&amp;videourl=https://vodakm.zeenews.com/vod/WION/1104_ARJUN_FINLAND_10PM.mp4/index.m3u8&amp;duration=171&amp;tags=Trump, Trade, World News, WION" title="Tariffs will disturb trade in entire Europe, not just one country': Ville Tavio on Trump's tariffs" id="PL_iframe_block-m9dou3de-k17wvuz0-28pa6btt"></iframe>
The US-China trade war has escalated to a level where things are getting worse. China slapped fresh tariffs of 125 per cent on the US on Friday (Apr 11) as President Xi Jinping said his nation is "not afraid". Trump earlier paused retaliatory tariffs for all countries for 90 days but hiked them for China, raising them to 145 per cent.&nbsp;

Chinese memes on American re-industrialisation mock America's obesity crisis and show them working in factories, gorging on fast food. World Trending

Chinese are mocking Donald Trump's tariff war with memes on American re-industrialisation as the president tries to bring jobs to the country. The AI-generated videos combine the obesity crisis in the country with factory jobs that Trump thinks will return to the US because of the high tariffs he has imposed on countries across the world. The video showing obese white men and women working in sweatshop factories, stitching clothes and underwear on sewing machines, went viral on social media. American men can also be seen assembling mobile phones in factories. The AI-generated video ends with the tagline “Make America Great Again" and mocks the idea of American reindustrialisation. Also Read: China hits back with 125 per cent tariff at US, says will ignore further retaliation from Trump admin The videos making fun of the obesity crisis in America now have an added twist to them. In the new videos, obese white men can be seen making products for Apple, Nike and Tesla. The video shows them making sneakers while bags of chips and coke lie on the table. The man then whips out a burger and takes a bite. The Chinese made another American re-industrialisation meme 😂pic.twitter.com/IJoMZmAxHA — ADAM (@AdameMedia) April 10, 2025 The next clip shows the man working on a Tesla car. Notably, Tesla has manufacturing facilities in China, Germany, the Netherlands and Canada, apart from factories in the US. The video goes on to show obese men assembling iPhones as "Apple Made in USA" is seen on the wall. Also Read: Elon Musk's Tesla freezes orders in China: DOGE chief is feeling the pinch of 'boss' Trump's tariff war You then see the men and women assembling AI chips that Nvidia manufactures. Even though the tech giant is based in California, the company makes its graphics processing units (GPUs) and other chips in Taiwan. The video again plays on the fast food fad in America and shows a bucket of chicken and milkshake sitting on the table of the factory worker. Video hints at downfall of Nike, Adidas, Tesla and Nvidia The video ends with four signages - Nike, Adidas, Tesla and Nvidia - posted in the desert with the tagline reading - Make America Rich Again, as all the boards tumble to the ground, hinting at the downfall of the big business empires set up in the United States but dependent on other countries for their needs. The US-China trade war has escalated to a level where things are getting worse. China slapped fresh tariffs of 125 per cent on the US on Friday (Apr 11) as President Xi Jinping said his nation is "not afraid". Trump earlier paused retaliatory tariffs for all countries for 90 days but hiked them for China, raising them to 145 per cent.

Chinese AI video shows Americans toiling and gorging on fast food; hints at downfall of Tesla, Apple and others

China slaps 125% tariff on U.S., ramping up 'tit for tat' countermeasures; Xi calls Trump tariffs 'a joke', urges EU to join Beijing.

Full-blown US-China trade war: US' 145% vs China's 125%

China slapped fresh tariffs of 125 per cent on the United States (US) on Friday (Apr 11) and said that it would "ignore" further tariff hikes by US President Donald Trump. Amid a tariff war with the US, China said that goods from its largest trading partner would no longer make economic sense for importers. State media also reported that China would file a lawsuit with the World Trade Organization over Washington's fresh tariffs.
Read More | <a href="https://www.wionews.com/autonews/trumps-25-auto-tariffs-could-cost-us-automakers-usd-108-billion-study-finds-8950602">Trump&rsquo;s 25% auto tariffs could cost U.S. automakers USD 108 billion, study finds</a>
Meanwhile, Chinese President Xi Jinping urged the European Union to join Beijing in resisting "unilateral bullying", state media Xinhua reported. The Chinese president stressed that this would not only "safeguard their own legitimate rights and interests, but also... safeguard international fairness and justice." According to Chinese media Xinhua, Jinping also said that there is no winner in a tariff war.
Read More |&nbsp;<a href="https://www.wionews.com/world/trump-reveals-why-he-put-a-90-day-pause-on-tariffs-people-were-getting-yippie-markets-rebound-8945632" rel="dofollow noopener" target="_blank">Trump REVEALS why he put a 90-day pause on tariffs: 'People were getting yippie'</a>
<h2>Donald Trump's tariff war with China</h2>
China had a pre-existing 67 per cent tariff on US goods, while the US charged 10 per cent. However, on 'Liberation Day', US President Donald trump announced &lsquo;reciprocal tariffs&rsquo; and imposed 104 per cent tariffs on Chinese goods, China hit back with 84 per cent tariff as a retaliatory measure in place of 34 per cent that it had already announced.&nbsp;
On Apr 9, Trump paused tariffs for all countries for 90 days but increased China's tariff to 145%.
Read More | <a href="https://www.wionews.com/trending/amid-tariff-war-post-on-trump-xi-jinping-zodiac-go-viral-until-the-end-of-time-8946435">Amid tariff war, post on zodiac of Donald Trump-Xi Jinping viral: '...until the end of time'</a>
Previously, in February, US announced 10 per cent tariffs on China. Beijing retaliated with a 15 per cent tariff on US coal and liquefied natural gas products, and a 10 per cent tariff on crude oil, agricultural machinery, and large-displacement cars.
The US raised tariffs by another 10 per cent, bringing levies against Chinese imports to 20 per cent. China retaliated by imposing a 15 per cent tariff on US chicken, wheat, corn, and cotton, and a 10 per cent tariff on sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables, and dairy products.
Read More | <a href="https://www.wionews.com/world/who-is-stephen-miran-trumps-key-economic-advisor-behind-us-tariff-policies-8948528">Who is Stephen Miran, Trump&rsquo;s key economic advisor behind US tariff policies?</a>

World | China slapped fresh tariffs of 125 per cent on the United States (US) and said that it would "ignore" further tariff hikes by US President Donald Trump

China slapped fresh tariffs of 125 per cent on the United States (US) on Friday (Apr 11) and said that it would "ignore" further tariff hikes by US President Donald Trump. Amid a tariff war with the US, China said that goods from its largest trading partner would no longer make economic sense for importers. State media also reported that China would file a lawsuit with the World Trade Organization over Washington's fresh tariffs. Read More | Trump’s 25% auto tariffs could cost U.S. automakers USD 108 billion, study finds Meanwhile, Chinese President Xi Jinping urged the European Union to join Beijing in resisting "unilateral bullying", state media Xinhua reported. The Chinese president stressed that this would not only "safeguard their own legitimate rights and interests, but also... safeguard international fairness and justice." According to Chinese media Xinhua, Jinping also said that there is no winner in a tariff war. Read More | Trump REVEALS why he put a 90-day pause on tariffs: 'People were getting yippie' Donald Trump's tariff war with China China had a pre-existing 67 per cent tariff on US goods, while the US charged 10 per cent. However, on 'Liberation Day', US President Donald trump announced ‘reciprocal tariffs’ and imposed 104 per cent tariffs on Chinese goods, China hit back with 84 per cent tariff as a retaliatory measure in place of 34 per cent that it had already announced. On Apr 9, Trump paused tariffs for all countries for 90 days but increased China's tariff to 145%. Read More | Amid tariff war, post on zodiac of Donald Trump-Xi Jinping viral: '...until the end of time' Previously, in February, US announced 10 per cent tariffs on China. Beijing retaliated with a 15 per cent tariff on US coal and liquefied natural gas products, and a 10 per cent tariff on crude oil, agricultural machinery, and large-displacement cars. The US raised tariffs by another 10 per cent, bringing levies against Chinese imports to 20 per cent. China retaliated by imposing a 15 per cent tariff on US chicken, wheat, corn, and cotton, and a 10 per cent tariff on sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables, and dairy products. Read More | Who is Stephen Miran, Trump’s key economic advisor behind US tariff policies?

China hits back with 125 per cent tariff at US, says will ignore further retaliation from Trump admin

As elections are approaching, the political landscape is heating up in Canada with a war of words between Prime Minister Mark Carney and his conservative rival Pierre Poilievre taking a rather personal turn. Now, during a news conference, Poilievre gave a piece of advice to the voters. He said that they should not think that Carney is any different from Trudeau because he has a banker's haircut and wears a pair of blue socks.

Canada elections: Poilievre, Carney campaign in vote-rich greater Toronto

Global markets turn from fear to euphoria as President Trump backpedals on tariffs and pauses large reciprocal tariffs on all countries except China for 90 days. While traders reveling in market euphoria's rally wonder just how far it can go, US consumers are already taking a hit.

Escalating US-China trade war hits supply chains

Canada elections: Carney focusing on crime, Poiliever on housing

The mind behind the sweeping &ldquo;reciprocal tariffs&rdquo; announced by US President Donald Trump that sent shockwaves across the world is his key economic advisor, Stephen Miran.&nbsp;
On Wednesday (Apr 10), the US president announced a &ldquo;90-day pause&rdquo; and a &ldquo;substantially lowered reciprocal tariff&rdquo; for over 75 nations that have sought negotiations with the Trump administration following the reciprocal tariffs imposed on April 2.
However, as tensions escalate between China and the US, Trump raised tariffs on China to 125 per cent &ldquo;starting immediately&rdquo; after Beijing refused to back down against his threats and &ldquo;blackmail&rdquo;.
Also read | <a href="https://www.wionews.com/world/europe-eu-halts-countermeasures-plans-for-90-days-after-donald-trumps-tariff-u-turn-8948014">Europe halts countermeasures plans against US for 90 days after Trump's tariff U-turn</a>
<h2>Who is Stephen Miran?</h2>
Stephen Miran, an economist with a PhD from Harvard University, was appointed as the head of the Council of Economic Advisers (CEA) by Trump last year in December. He has emerged as one of the most vocal backers of Trump&rsquo;s tariff policies that triggered a trade war globally.
&ldquo;The President has promised to rebuild our broken industrial base and pursue trade terms that put American workers and businesses first&hellip; Our military and financial dominance cannot be taken for granted, and the Trump Administration is determined to preserve them,&rdquo; he said, according to a statement on the White House website on April 7, the day the US president announced raising tariffs on China to a whopping 104 per cent.
Also read | <a href="https://www.wionews.com/world/wtf-whos-in-charge-us-trade-representative-unaware-of-trumps-90-day-tariff-pause-irked-democrats-react-8947942">'WTF! Who&rsquo;s in charge?': US trade representative unaware of Trump's '90-day tariff pause'; irked Democrats react</a>
The US president&rsquo;s key economic advisor earned his undergraduate degree in economics, philosophy, and mathematics at Boston University in 2005. In 2010, he completed his PhD in economics from Harvard University.
At Harvard, Miran was mentored by distinguished economist Martin Feldstein, who served as the chairman of the Council of Economic Advisers under former president Ronald Reagan in the early 1980s.
Also read | <a href="https://www.wionews.com/world/threats-blackmail-not-right-way-to-deal-beijing-open-for-talks-with-us-amid-trump-tariff-war-8947445">&lsquo;Threats, blackmail not right way to deal&rsquo;: Beijing open for talks with US amid Trump tariff war</a>
He worked as a senior strategist at Hudson Bay Capital, a global investment firm, before joining the Trump administration.&nbsp;
<h2>Miran&rsquo;s opinion on tariffs</h2>
In November 2024, he wrote a 41-page &ldquo;User's Guide to Restructuring the Global Trading System&rdquo;, which detailed a framework to adjust financial systems and global trading to benefit the US.&nbsp;
His work argued that tariffs could be used as a strategic leverage to secure market access for US exports from other countries, a strategy evident in Trump&rsquo;s recent moves.
Also read | <a href="https://www.wionews.com/autonews/vw-quarterly-profits-plummet-on-us-tariffs-eu-carbon-rules-and-restructuring-costs-8947889">VW quarterly profits plummet on US tariffs, EU carbon rules, and restructuring costs</a>
&ldquo;Tariffs deserve some extra attention. Most economists and some investors dismiss tariffs as counterproductive at best and devastatingly harmful at worst. They&rsquo;re wrong,&rdquo; Miran said in a statement. He added that Trump&rsquo;s reciprocal tariffs target &ldquo;unfair trade practices&rdquo; like currency manipulation and dumping, instead of just generating revenue. He also noted that revenue generated from tariffs can help lower taxes and boost US competitiveness.
(With inputs from agencies)

World | At Harvard, Miran was mentored by distinguished economist Martin Feldstein, who served as the chairman of the Council of Economic Advisers under former president Ronald Reagan in the early 1980s.

The mind behind the sweeping “reciprocal tariffs” announced by US President Donald Trump that sent shockwaves across the world is his key economic advisor, Stephen Miran. On Wednesday (Apr 10), the US president announced a “90-day pause” and a “substantially lowered reciprocal tariff” for over 75 nations that have sought negotiations with the Trump administration following the reciprocal tariffs imposed on April 2. However, as tensions escalate between China and the US, Trump raised tariffs on China to 125 per cent “starting immediately” after Beijing refused to back down against his threats and “blackmail”. Also read | Europe halts countermeasures plans against US for 90 days after Trump's tariff U-turn Who is Stephen Miran? Stephen Miran, an economist with a PhD from Harvard University, was appointed as the head of the Council of Economic Advisers (CEA) by Trump last year in December. He has emerged as one of the most vocal backers of Trump’s tariff policies that triggered a trade war globally. “The President has promised to rebuild our broken industrial base and pursue trade terms that put American workers and businesses first… Our military and financial dominance cannot be taken for granted, and the Trump Administration is determined to preserve them,” he said, according to a statement on the White House website on April 7, the day the US president announced raising tariffs on China to a whopping 104 per cent. Also read | 'WTF! Who’s in charge?': US trade representative unaware of Trump's '90-day tariff pause'; irked Democrats react The US president’s key economic advisor earned his undergraduate degree in economics, philosophy, and mathematics at Boston University in 2005. In 2010, he completed his PhD in economics from Harvard University. At Harvard, Miran was mentored by distinguished economist Martin Feldstein, who served as the chairman of the Council of Economic Advisers under former president Ronald Reagan in the early 1980s. Also read | ‘Threats, blackmail not right way to deal’: Beijing open for talks with US amid Trump tariff war He worked as a senior strategist at Hudson Bay Capital, a global investment firm, before joining the Trump administration. Miran’s opinion on tariffs In November 2024, he wrote a 41-page “User's Guide to Restructuring the Global Trading System”, which detailed a framework to adjust financial systems and global trading to benefit the US. His work argued that tariffs could be used as a strategic leverage to secure market access for US exports from other countries, a strategy evident in Trump’s recent moves. Also read | VW quarterly profits plummet on US tariffs, EU carbon rules, and restructuring costs “Tariffs deserve some extra attention. Most economists and some investors dismiss tariffs as counterproductive at best and devastatingly harmful at worst. They’re wrong,” Miran said in a statement. He added that Trump’s reciprocal tariffs target “unfair trade practices” like currency manipulation and dumping, instead of just generating revenue. He also noted that revenue generated from tariffs can help lower taxes and boost US competitiveness. (With inputs from agencies)

Who is Stephen Miran, Trump’s key economic advisor behind US tariff policies?

Baba Vanga, the blind Bulgarian clairvoyant who supposedly foresaw several world events, predicted the economic state of the world in 2025. According to her, an economic disaster will strike the world this year. Amid Donald Trump's trade wars with other countries, it seems like Baba Vanga knew what she was talking about.&nbsp;
Since Trump announced huge tariffs on literally every country and landform, the markets have witnessed a bloodbath. Stock markets across the world tumbled on Monday amid fears of a global recession that was expected to be the worst one since 1987.
Also Read: <a href="https://www.wionews.com/india-news/donald-trump-tariffs-more-concerning-than-inflation-rbi-governor-sanjay-malhotra-us-reciprocal-tariffs-8943578" rel="dofollow noopener" target="_blank">Trump tariffs more concerning than inflation: RBI governor Sanjay Malhotra</a>
This happened after Trump slapped a baseline tariff of 10 per cent that went into effect on April 5. He called it a historic move and termed it "Liberation Day." Higher tariffs were imposed on goods entering the US from about 60 countries or trading blocs that have a high trade deficit with the US.&nbsp;
This meant that China was slapped with new duties of 34 per cent and the European Union with 20 per cent. A 25 per cent tariff was placed on goods from Mexico and Canada that don&rsquo;t comply with the United States-Mexico-Canada Agreement.
<h2>US-China engage in tariff war of their own</h2>
Trump's move led to retaliatory tariffs from China and the European Union. Beijing announced that it was imposing a 34 per cent tariff on American goods. This angered Trump, who threatened China with an additional 50 per cent in tariffs if the retaliatory tariffs weren't pulled back.
Also Read: <a href="https://www.wionews.com/world/china-not-backing-down-beijing-hits-back-at-us-with-84-tariffs-on-all-us-goods-from-april-10-after-trumps-104-duty-8943443" rel="dofollow noopener" target="_blank">Beijing hits back at US with 84% tariffs on all US goods from April 10, after Trump's 104% duty</a>
China refused to bow down, which led to the US adding 50 per cent more tariffs, taking the total to 104 per cent.
Beijing's finance ministry announced that it was hitting all American goods with 84 per cent tariffs starting from Thursday. It also added 12 US entities to the export control list and 6 US entities to the 'unreliable entity' list.
Also Read: <a href="https://www.wionews.com/world/donald-trump-slaps-104-percent-tariff-on-china-after-beijing-defies-ultimatum-8940740" rel="dofollow noopener" target="_blank">Trump slaps 104% tariff after Beijing defies ultimatum, says 'waiting for their call'</a>
The tariff game led to stock markets witnessing more upheaval, a roller-coaster ride that refuses to end. Billionaires lost trillions of dollars in the market due to the crash.&nbsp;
Now, Trump has put a 90-day pause on retaliatory tariffs on all countries willing to negotiate a trade deal, except China. He has instead pushed up the tariffs against China to 125 per cent, "starting immediately". Trump stressed that Beijing has shown a "lack of respect" to the world's markets.&nbsp;
<h2>Be cautious of market volatility, expert warns</h2>
The pause led to stock markets soaring once again. The US stock markets witnessed their biggest single-day move since 2008 on Wednesday.
<iframe width="600" height="auto" style="width: 100%; aspect-ratio: 4/3;" allowfullscreen="allowfullscreen" class="external-video publive-iframes-block" src="https://cdn.thepublive.com/wion/static/kaltura_player/wion_video_player_iframe.html?thumbnail=wion/media/post_attachments/screenshot/1004_WION_TRUMP_2PM/00000002.jpg&amp;videourl=https://vodakm.zeenews.com/vod/WION/1004_WION_TRUMP_2PM.mp4/index.m3u8&amp;duration=401&amp;tags=trump, tariff, reciprocal tariffs, usa, world news" title="Trump trade war: Trump pauses global tariffs, singles out China with hike" id="PL_iframe_block-m9b9xoug-tf1rcek2-4pmty2ol"></iframe>
But experts have warned investors to be wary of market volatility. Andy Sieg, Citigroup's head of Global Wealth, told Bloomberg in an interview, "Don't chase this. Do not buy the dip."
<h2>Baba Vanga's Myanmar earthquake prophecy</h2>
Even though there is no official record of her prophecies, there are several people who believe in Baba Vanga. She is believed to have predicted events like 9/11 and Princess Diana's death.
Also Read: <a href="https://www.wionews.com/world/baba-vangas-prediction-for-earthquakes-in-2025-8915833" rel="dofollow noopener" target="_blank">One of Baba Vanga's prophecies for 2025 has come true. She also predicted a war with Martians</a>
For this year, the psychic forecasted "shattering earthquakes". A massive 7.7-magnitude quake hit Myanmar on March 28, killing over 2,700 people.&nbsp;
Her other predictions for 2025 include a war in Europe and an economic disaster. So it seems like her second prediction for this year is slowly moving towards becoming a reality.

Baba Vanga predicted economic disaster in 2025. Is the tariff war leading the world to it? She reportedly said 2025 would be the year humanity begins to decline. World Trending

Baba Vanga, the blind Bulgarian clairvoyant who supposedly foresaw several world events, predicted the economic state of the world in 2025. According to her, an economic disaster will strike the world this year. Amid Donald Trump's trade wars with other countries, it seems like Baba Vanga knew what she was talking about. Since Trump announced huge tariffs on literally every country and landform, the markets have witnessed a bloodbath. Stock markets across the world tumbled on Monday amid fears of a global recession that was expected to be the worst one since 1987. Also Read: Trump tariffs more concerning than inflation: RBI governor Sanjay Malhotra This happened after Trump slapped a baseline tariff of 10 per cent that went into effect on April 5. He called it a historic move and termed it "Liberation Day." Higher tariffs were imposed on goods entering the US from about 60 countries or trading blocs that have a high trade deficit with the US. This meant that China was slapped with new duties of 34 per cent and the European Union with 20 per cent. A 25 per cent tariff was placed on goods from Mexico and Canada that don’t comply with the United States-Mexico-Canada Agreement. US-China engage in tariff war of their own Trump's move led to retaliatory tariffs from China and the European Union. Beijing announced that it was imposing a 34 per cent tariff on American goods. This angered Trump, who threatened China with an additional 50 per cent in tariffs if the retaliatory tariffs weren't pulled back. Also Read: Beijing hits back at US with 84% tariffs on all US goods from April 10, after Trump's 104% duty China refused to bow down, which led to the US adding 50 per cent more tariffs, taking the total to 104 per cent. Beijing's finance ministry announced that it was hitting all American goods with 84 per cent tariffs starting from Thursday. It also added 12 US entities to the export control list and 6 US entities to the 'unreliable entity' list. Also Read: Trump slaps 104% tariff after Beijing defies ultimatum, says 'waiting for their call' The tariff game led to stock markets witnessing more upheaval, a roller-coaster ride that refuses to end. Billionaires lost trillions of dollars in the market due to the crash. Now, Trump has put a 90-day pause on retaliatory tariffs on all countries willing to negotiate a trade deal, except China. He has instead pushed up the tariffs against China to 125 per cent, "starting immediately". Trump stressed that Beijing has shown a "lack of respect" to the world's markets. Be cautious of market volatility, expert warns The pause led to stock markets soaring once again. The US stock markets witnessed their biggest single-day move since 2008 on Wednesday. But experts have warned investors to be wary of market volatility. Andy Sieg, Citigroup's head of Global Wealth, told Bloomberg in an interview, "Don't chase this. Do not buy the dip." Baba Vanga's Myanmar earthquake prophecy Even though there is no official record of her prophecies, there are several people who believe in Baba Vanga. She is believed to have predicted events like 9/11 and Princess Diana's death. Also Read: One of Baba Vanga's prophecies for 2025 has come true. She also predicted a war with Martians For this year, the psychic forecasted "shattering earthquakes". A massive 7.7-magnitude quake hit Myanmar on March 28, killing over 2,700 people. Her other predictions for 2025 include a war in Europe and an economic disaster. So it seems like her second prediction for this year is slowly moving towards becoming a reality.

Another one of Baba Vanga's prophecies might come true in 2025. Thanks to the tariff war

Chinese Ministry of Commerce spokesperson He Yongqian said on Thursday (Apr 10) that Beijing&rsquo;s door remains open for the talks, but threats and coercion are not the right way to deal with China.
&ldquo;China's position is clear and consistent. If the US wants to talk, our door remains open, but dialogue must be conducted on the basis of mutual respect and equality,&rdquo; he said during a regular press briefing.
Also read | <a href="https://www.wionews.com/autonews/china-and-eu-explore-closer-trade-ties-amid-us-tariff-pressure-8947374">China and EU explore closer trade ties amid US tariff pressure</a>
The spokesperson added, &ldquo;If the US wants to fight, our response will continue to the end. Pressure, threats, and coercion are not the right way to deal with China.&rdquo;
This comes amid the trade war waged by US President Donald Trump as the tension between the nations escalates.
Meanwhile, Chinese foreign ministry spokesperson Lin Jian said, &ldquo;The US cause doesn't win the support of the people and will end in failure.&rdquo;&nbsp;
Also read | <a href="https://www.wionews.com/world/china-shares-old-video-of-mao-zedong-amid-tariff-war-with-us-says-chinese-not-afraid-of-provocations-8947020">China shares old video of Mao Zedong amid tariff war with US, says "Chinese not afraid of provocations"</a>
&ldquo;China will not sit back and let the legitimate rights and interests of the Chinese people be deprived,&rdquo; Lin added.
<h2>US-China trade war</h2>
On Wednesday (Apr 9), Trump raised tariffs on China to 125 per cent &ldquo;starting immediately&rdquo; after Beijing refused to back down against his threats and &ldquo;blackmail&rdquo;.&nbsp;
China had raised its retaliatory levies to 84 per cent after the US imposed a 104 per cent tariff on Chinese goods on Tuesday (Apr 8).
Also read | <a href="https://www.wionews.com/world/us-china-falls-apart-beijing-issues-travel-warning-for-citizens-going-to-us-as-ties-deteriorate-amid-trumps-tariff-war-8944697">US-China falling apart? Beijing issues travel warning for citizens going to US as 'ties deteriorate' amid Trump's tariff war</a>
On the other hand, the US president has announced a &ldquo;90-day pause&rdquo; and a &ldquo;substantially lowered reciprocal tariff&rdquo; for over 75 nations that have sought negotiations with the Trump administration following the reciprocal tariffs imposed on April 2.
<h2>China to &lsquo;moderatey reduce&rsquo; US film imports</h2>
China's Film Administration said on Thursday (Apr 10) that it would &ldquo;moderately reduce&rdquo; the number of US films it imported into the country.
&ldquo;The wrong action of the US government's indiscriminate tariffs on China is bound to further reduce the favourable impression of domestic audiences on American films,&rdquo; a statement from the film administration said.
Also read | <a href="https://www.wionews.com/world/china-vows-to-fight-against-trumps-tariff-beijings-plan-to-ban-hollywood-movies-could-cost-us-millions-8939497">China vows to &lsquo;fight&rsquo; against Trump&rsquo;s tariff. Beijing&rsquo;s plan to ban Hollywood movies could cost US millions</a>
&ldquo;We will follow the law of the market, respect the choice of the audience, and moderately reduce the number of US films imported,&rdquo; the statement added.

World | The spokesperson added, “If the US wants to fight, our response will continue to the end. Pressure, threats, and coercion are not the right way to deal with China.”

Chinese Ministry of Commerce spokesperson He Yongqian said on Thursday (Apr 10) that Beijing’s door remains open for the talks, but threats and coercion are not the right way to deal with China. “China's position is clear and consistent. If the US wants to talk, our door remains open, but dialogue must be conducted on the basis of mutual respect and equality,” he said during a regular press briefing. Also read | China and EU explore closer trade ties amid US tariff pressure The spokesperson added, “If the US wants to fight, our response will continue to the end. Pressure, threats, and coercion are not the right way to deal with China.” This comes amid the trade war waged by US President Donald Trump as the tension between the nations escalates. Meanwhile, Chinese foreign ministry spokesperson Lin Jian said, “The US cause doesn't win the support of the people and will end in failure.” Also read | China shares old video of Mao Zedong amid tariff war with US, says "Chinese not afraid of provocations" “China will not sit back and let the legitimate rights and interests of the Chinese people be deprived,” Lin added. US-China trade war On Wednesday (Apr 9), Trump raised tariffs on China to 125 per cent “starting immediately” after Beijing refused to back down against his threats and “blackmail”. China had raised its retaliatory levies to 84 per cent after the US imposed a 104 per cent tariff on Chinese goods on Tuesday (Apr 8). Also read | US-China falling apart? Beijing issues travel warning for citizens going to US as 'ties deteriorate' amid Trump's tariff war On the other hand, the US president has announced a “90-day pause” and a “substantially lowered reciprocal tariff” for over 75 nations that have sought negotiations with the Trump administration following the reciprocal tariffs imposed on April 2. China to ‘moderatey reduce’ US film imports China's Film Administration said on Thursday (Apr 10) that it would “moderately reduce” the number of US films it imported into the country. “The wrong action of the US government's indiscriminate tariffs on China is bound to further reduce the favourable impression of domestic audiences on American films,” a statement from the film administration said. Also read | China vows to ‘fight’ against Trump’s tariff. Beijing’s plan to ban Hollywood movies could cost US millions “We will follow the law of the market, respect the choice of the audience, and moderately reduce the number of US films imported,” the statement added.

‘Threats, blackmail not right way to deal’: Beijing open for talks with US amid Trump tariff war

The European Union on Wednesday (Apr 9) has approved retaliatory tariffs on a wide range of US goods in response to the 25 per cent duties imposed by US President Donald Trump last month on the bloc&rsquo;s steel and aluminium exports. The levies will hit around $23.2 billion worth of American goods.
The tariffs mark Europe&rsquo;s first retaliatory measures amid the trade war waged by Trump against his trade allies across the world. The levies will hit around $23.2 billion worth of American goods, including poultry, almonds, orange juice, soybeans, tobacco, steel and aluminium and yachts. Although the EU has not released a final list of US products that would be impacted yet.
Also read | <a href="https://www.wionews.com/world/us-china-trade-war-beijing-retaliatory-tariff-slammed-as-a-loser-move-by-us-treasury-secretary-scott-bessent-8944013">US-China trade war: Beijing's retaliatory tariff slammed as a 'loser' move by US Treasury Secretary Scott Bessent</a>
<h2>EU calls US tariffs unjustified and damaging</h2>
&ldquo;The EU considers US tariffs unjustified and damaging, causing economic harm to both sides, as well as the global economy. The EU has stated its clear preference to find negotiated outcomes with the US, which would be balanced and mutually beneficial,&rdquo; the European Commission said.
The duties would start being collected from April 15, said the European Commission. The 27-nation bloc had warned of measures to protect European business and consumers after Trump announced the 25 per cent tariffs on the metals.
Also read | <a href="https://www.wionews.com/world/do-it-now-trump-calls-on-companies-to-move-to-us-offers-them-zero-tariffs-and-quick-approvals-8943604">'DO IT NOW': Trump calls on companies to move to US, offers them 'ZERO TARIFFS' and quick approvals</a>
The EU also faces 20 per cent levies on almost all US imports as announced by the US president on April 2.
European Commission President Ursula von der Leyen earlier said that the EU was ready to retaliate unless talks to negotiate with the Trump administration were successful.
&ldquo;We are prepared to respond,&rdquo; she had said. She further added that the EU was preparing to take countermeasures against Trump&rsquo;s sweeping tariffs to protect its interests and businesses. However, von der Leyen also said that it was &ldquo;not too late to address concerns through negotiations&rdquo; with the US.
Also read | <a href="https://www.wionews.com/world/china-not-backing-down-beijing-hits-back-at-us-with-84-tariffs-on-all-us-goods-from-april-10-after-trumps-104-duty-8943443">China not backing down! Beijing hits back at US with 84% tariffs on all US goods from April 10, after Trump's 104% duty</a>
<h2>EU tariffs to be brought in three phases</h2>
The EU retaliatory tariffs on US goods will be brought in three phases, with the first set coming into effect on Tuesday (Apr 15) next week. The second phase will come into effect a month later on May 15, followed by the third set from December 1.
Also read | <a href="https://www.wionews.com/india-news/donald-trump-tariffs-more-concerning-than-inflation-rbi-governor-sanjay-malhotra-us-reciprocal-tariffs-8943578">Trump tariffs more concerning than inflation: RBI governor Sanjay Malhotra</a>
In its statement, the EU said, &ldquo;these countermeasures can be suspended at any time, should the US agree to a fair and balanced negotiated outcome&rdquo;.
(With inputs from agencies)

World | The tariffs mark Europe’s first retaliatory measures amid the trade war waged by Trump against his trade allies across the world.

The European Union on Wednesday (Apr 9) has approved retaliatory tariffs on a wide range of US goods in response to the 25 per cent duties imposed by US President Donald Trump last month on the bloc’s steel and aluminium exports. The levies will hit around $23.2 billion worth of American goods. The tariffs mark Europe’s first retaliatory measures amid the trade war waged by Trump against his trade allies across the world. The levies will hit around $23.2 billion worth of American goods, including poultry, almonds, orange juice, soybeans, tobacco, steel and aluminium and yachts. Although the EU has not released a final list of US products that would be impacted yet. Also read | US-China trade war: Beijing's retaliatory tariff slammed as a 'loser' move by US Treasury Secretary Scott Bessent EU calls US tariffs unjustified and damaging “The EU considers US tariffs unjustified and damaging, causing economic harm to both sides, as well as the global economy. The EU has stated its clear preference to find negotiated outcomes with the US, which would be balanced and mutually beneficial,” the European Commission said. The duties would start being collected from April 15, said the European Commission. The 27-nation bloc had warned of measures to protect European business and consumers after Trump announced the 25 per cent tariffs on the metals. Also read | 'DO IT NOW': Trump calls on companies to move to US, offers them 'ZERO TARIFFS' and quick approvals The EU also faces 20 per cent levies on almost all US imports as announced by the US president on April 2. European Commission President Ursula von der Leyen earlier said that the EU was ready to retaliate unless talks to negotiate with the Trump administration were successful. “We are prepared to respond,” she had said. She further added that the EU was preparing to take countermeasures against Trump’s sweeping tariffs to protect its interests and businesses. However, von der Leyen also said that it was “not too late to address concerns through negotiations” with the US. Also read | China not backing down! Beijing hits back at US with 84% tariffs on all US goods from April 10, after Trump's 104% duty EU tariffs to be brought in three phases The EU retaliatory tariffs on US goods will be brought in three phases, with the first set coming into effect on Tuesday (Apr 15) next week. The second phase will come into effect a month later on May 15, followed by the third set from December 1. Also read | Trump tariffs more concerning than inflation: RBI governor Sanjay Malhotra In its statement, the EU said, “these countermeasures can be suspended at any time, should the US agree to a fair and balanced negotiated outcome”. (With inputs from agencies)

EU hits back at Trump with retaliatory tariffs on US goods worth $23.2 billion as trade war escalates

China&rsquo;s top leaders are expected to meet as soon as Wednesday (Apr 9) to discuss measures to boost the economy and stabilise capital markets amid escalations in the trade war with the United States, Reuters reported, citing people familiar with the matter.
Economists have warned that US President Donald Trump&rsquo;s tariffs on the world&rsquo;s second-largest economy could result in a decline of one to two per cent in the country&rsquo;s growth, worsen industrial overcapacity, put domestic jobs at risk, and further fuel deflationary forces.
Also read | <a href="https://www.wionews.com/world/china-vows-to-fight-against-trumps-tariff-beijings-plan-to-ban-hollywood-movies-could-cost-us-millions-8939497">China vows to &lsquo;fight&rsquo; against Trump&rsquo;s tariff. Beijing&rsquo;s plan to ban Hollywood movies could cost US millions</a>
The planned high-level meeting comes as 104 per cent tariffs on Chinese goods take effect on Wednesday (Apr 9) and marks the first one that became publicly known since Trump imposed reciprocal tariffs on China last week.&nbsp;
<h2>High-level meet</h2>
The top leaders who are expected to attend the meeting include senior officials from the State Council, or cabinet, as well as several government and regulatory bodies, reported Reuters, citing two anonymous sources.
Also read | <a href="https://www.wionews.com/world/china-not-backing-down-beijing-hits-back-at-us-with-84-tariffs-on-all-us-goods-from-april-10-after-trumps-104-duty-8943443">China not backing down! Beijing hits back at US with 84% tariffs on all US goods from April 10, after Trump's 104% duty</a>
They added that top officials from the government bodies, including the People's Bank of China, the central bank, and the finance ministry, were also likely to attend the meeting. Officials of the commerce ministry, the National Financial Regulatory Administration (NFRA) and China Securities Regulatory Commission (CSRC) are also expected to be present at the meeting.
They will likely discuss measures to boost domestic consumption and support capital markets in China. The talks will likely include initiatives like making rebates on export tax more attractive for domestic companies, the sources said. Chinese state media are expected to report part of the meeting&rsquo;s agenda, they said.
Also read | <a href="https://www.wionews.com/world/china-trying-to-be-friends-with-india-again-beijing-asks-india-to-stand-together-amid-trumps-tariffs-8943099">China trying to be friends with India again? Beijing asks India to 'stand together' amid Trump's tariffs</a>
<h2>China-US trade war</h2>
On Wednesday (Apr 9), China hit back at the US with 84 per cent tariffs on all American goods in response to the 104 per cent sweeping tariffs imposed by the US. The new Chinese levies are set to take effect on Thursday (Apr 10).
Also read | <a href="https://www.wionews.com/world/chinas-neighbourhood-first-policy-amid-tariff-war-xi-jinping-says-it-will-strengthen-ties-with-neighbours-8942918">China's 'neighbourhood first' policy amid Trump tariffs: Xi Jinping advocates better ties with neighbours as 104 pc duties kick in</a>
Earlier, China imposed a 34 per cent tariff on US goods following Trump&rsquo;s announcement of &ldquo;reciprocal tariffs&rdquo; on April 2. Trump had warned China of withdrawing its retaliatory tariffs or the US would respond with an additional 50 per cent duties. However, China has vowed to fight back against the US president&rsquo;s alleged &ldquo;blackmail&rdquo;.
(With inputs from agencies)

World | The planned high-level meeting comes as 104 per cent tariffs on Chinese goods take effect on Wednesday (Apr 9) and marks the first one that became publicly known since Trump imposed reciprocal tariffs on China last week.

China’s top leaders are expected to meet as soon as Wednesday (Apr 9) to discuss measures to boost the economy and stabilise capital markets amid escalations in the trade war with the United States, Reuters reported, citing people familiar with the matter. Economists have warned that US President Donald Trump’s tariffs on the world’s second-largest economy could result in a decline of one to two per cent in the country’s growth, worsen industrial overcapacity, put domestic jobs at risk, and further fuel deflationary forces. Also read | China vows to ‘fight’ against Trump’s tariff. Beijing’s plan to ban Hollywood movies could cost US millions The planned high-level meeting comes as 104 per cent tariffs on Chinese goods take effect on Wednesday (Apr 9) and marks the first one that became publicly known since Trump imposed reciprocal tariffs on China last week. High-level meet The top leaders who are expected to attend the meeting include senior officials from the State Council, or cabinet, as well as several government and regulatory bodies, reported Reuters, citing two anonymous sources. Also read | China not backing down! Beijing hits back at US with 84% tariffs on all US goods from April 10, after Trump's 104% duty They added that top officials from the government bodies, including the People's Bank of China, the central bank, and the finance ministry, were also likely to attend the meeting. Officials of the commerce ministry, the National Financial Regulatory Administration (NFRA) and China Securities Regulatory Commission (CSRC) are also expected to be present at the meeting. They will likely discuss measures to boost domestic consumption and support capital markets in China. The talks will likely include initiatives like making rebates on export tax more attractive for domestic companies, the sources said. Chinese state media are expected to report part of the meeting’s agenda, they said. Also read | China trying to be friends with India again? Beijing asks India to 'stand together' amid Trump's tariffs China-US trade war On Wednesday (Apr 9), China hit back at the US with 84 per cent tariffs on all American goods in response to the 104 per cent sweeping tariffs imposed by the US. The new Chinese levies are set to take effect on Thursday (Apr 10). Also read | China's 'neighbourhood first' policy amid Trump tariffs: Xi Jinping advocates better ties with neighbours as 104 pc duties kick in Earlier, China imposed a 34 per cent tariff on US goods following Trump’s announcement of “reciprocal tariffs” on April 2. Trump had warned China of withdrawing its retaliatory tariffs or the US would respond with an additional 50 per cent duties. However, China has vowed to fight back against the US president’s alleged “blackmail”. (With inputs from agencies)

Top Chinese leaders to meet to discuss support measures amid trade war with US – Report

Amid worldwide backlash to the tariffs imposed by US President Donald Trump, US Trade Representative Jamieson Greer has told the Senate Finance Committee that nearly 50 countries have approached him and are willing to lower tariffs, including India. He said that Trump's tariff move is bearing fruit as more and more countries are ready for negotiations.
&ldquo;Nearly 50 countries have approached me personally to discuss the President's new policy and explore how to achieve reciprocity. And they've spoken with many members of the administration. Several of these, such as Argentina, Vietnam, India, and Israel, have suggested that they will reduce their tariffs and non-tariff barriers in line with the President's policy,&rdquo; Greer said.
Read More |<a href="https://www.wionews.com/world/pakistan-hopes-to-strengthen-ties-after-trump-imposes-29-per-cent-tariffs-never-let-crisis-go-waste-8933528" rel="dofollow"> Pakistan hopes to strengthen ties after Trump imposes 29 per cent tariffs: 'Never let crisis go waste'</a>
Greer added that while the United States maintains an average 5 per cent tariff on agricultural goods, India&rsquo;s average tariff stands at 39 per cent. India has been tariffed 26 per cent and is among the countries hit the hardest. The tariffs would come into effect starting Wednesday (Apr 9).
The comments by Greer echo US National Economic Council Director Kevin Hassett's disclosure over the weekend that more countries have reached out to the White House for trade negotiations.
"These obviously are welcome moves. Our large and persistent trade deficit has been over 30 years in the making, and it will not be resolved overnight, but all of this is in the right direction," Greer added.&nbsp;
Read More |&nbsp;<a href="https://www.wionews.com/opinions/opinion-why-trumps-tariffs-are-scaring-the-world-like-1987-8934335" rel="dofollow noopener" target="_blank">Why Trump&rsquo;s tariffs are scaring the world like 1987</a>
<h2>India-US trade agreement&nbsp;</h2>
Indian External Affairs Minister S Jaishankar and US Secretary of State Marco Rubio discussed and agreed on the &ldquo;early conclusion&rdquo; of a Bilateral Trade Agreement on a call on Monday, which was the first discussion on trade between the two sides at the level of cabinet officials. Jaishankar shared a post on X regarding the conversation but there has not been any official word from the American side on the conversation.
<blockquote class="twitter-tweet publive-iframes-block publive-Twitter-block" contenteditable="false" width="600" height="400" id="PL_blockquote_block-m99f1qd0-ty6qkcx7-uqc18uer">
Good to speak with <a href="https://twitter.com/SecRubio?ref_src=twsrc%5Etfw">@SecRubio</a> today. Exchanged perspectives on the Indo-Pacific, the Indian Sub-continent, Europe, Middle East/West Asia and the Caribbean. Agreed on the importance of the early conclusion of the Bilateral Trade Agreement. Look forward to remaining in touch.&hellip;
&mdash; Dr. S. Jaishankar (@DrSJaishankar) <a href="https://twitter.com/DrSJaishankar/status/1909245681858195587?ref_src=twsrc%5Etfw">April 7, 2025</a></blockquote>
&nbsp;
Read More |&nbsp;<a href="https://www.wionews.com/world/trump-says-sometimes-you-have-to-take-medicine-to-fix-something-as-markets-tumble-8933574" rel="dofollow noopener" target="_blank">Trump says 'sometimes you have to take medicine to fix something' as markets tumble</a>
Prime Minister Narendra Modi and President Trump have also not spoken yet after the announcement of the reciprocal tariffs.
The phone conversation between Jaishankar and Rubio came about a week after US assistant trade representative Brendan Lynch visited India. The two sides had agreed to finalise the first tranche of the agreement by the fall of 2025 at a meeting between PM Modi and Trump in February this year.
Read More |&nbsp;<a href="https://www.wionews.com/world/donald-trump-says-tiktok-deal-was-close-claims-china-changed-because-of-tariffs-8933715" rel="dofollow noopener" target="_blank">Donald Trump says 'TikTok deal was close', claims 'China changed because of tariffs'</a> (With inputs from agencies)
&nbsp;

World, India News | Amid worldwide backlash on US President Trump's tariffs, US official said that India is among 50 countries that are willing to lower tariffs

Amid worldwide backlash to the tariffs imposed by US President Donald Trump, US Trade Representative Jamieson Greer has told the Senate Finance Committee that nearly 50 countries have approached him and are willing to lower tariffs, including India. He said that Trump's tariff move is bearing fruit as more and more countries are ready for negotiations. “Nearly 50 countries have approached me personally to discuss the President's new policy and explore how to achieve reciprocity. And they've spoken with many members of the administration. Several of these, such as Argentina, Vietnam, India, and Israel, have suggested that they will reduce their tariffs and non-tariff barriers in line with the President's policy,” Greer said. Read More | Pakistan hopes to strengthen ties after Trump imposes 29 per cent tariffs: 'Never let crisis go waste' Greer added that while the United States maintains an average 5 per cent tariff on agricultural goods, India’s average tariff stands at 39 per cent. India has been tariffed 26 per cent and is among the countries hit the hardest. The tariffs would come into effect starting Wednesday (Apr 9). The comments by Greer echo US National Economic Council Director Kevin Hassett's disclosure over the weekend that more countries have reached out to the White House for trade negotiations. "These obviously are welcome moves. Our large and persistent trade deficit has been over 30 years in the making, and it will not be resolved overnight, but all of this is in the right direction," Greer added. Read More | Why Trump’s tariffs are scaring the world like 1987 India-US trade agreement Indian External Affairs Minister S Jaishankar and US Secretary of State Marco Rubio discussed and agreed on the “early conclusion” of a Bilateral Trade Agreement on a call on Monday, which was the first discussion on trade between the two sides at the level of cabinet officials. Jaishankar shared a post on X regarding the conversation but there has not been any official word from the American side on the conversation. Good to speak with @SecRubio today. Exchanged perspectives on the Indo-Pacific, the Indian Sub-continent, Europe, Middle East/West Asia and the Caribbean. Agreed on the importance of the early conclusion of the Bilateral Trade Agreement. Look forward to remaining in touch.… — Dr. S. Jaishankar (@DrSJaishankar) April 7, 2025 Read More | Trump says 'sometimes you have to take medicine to fix something' as markets tumble Prime Minister Narendra Modi and President Trump have also not spoken yet after the announcement of the reciprocal tariffs. The phone conversation between Jaishankar and Rubio came about a week after US assistant trade representative Brendan Lynch visited India. The two sides had agreed to finalise the first tranche of the agreement by the fall of 2025 at a meeting between PM Modi and Trump in February this year. Read More | Donald Trump says 'TikTok deal was close', claims 'China changed because of tariffs' (With inputs from agencies)

India, several other countries willing to lower tariffs: Donald Trump administration official

President Trump has raised tariffs on Chinese imports to a staggering 104%, escalating the US-China trade war. With Beijing pushing back and nearly 70 countries seeking tailored trade deals, the White House insists tariffs are already delivering results.

Trade war: Nearly 70 countries have reached out for tariff deals: White House

Trade war: Trump ratchets up tariffs on Chinese goods after Beijing's pushback

Trade war: President Trump hikes China tariffs to 104% amid global trade tensions

Tesla CEO Elon Musk made direct appeals to US President Donald Trump over the weekend to lift the tariffs amid the rising tensions with US trade allies, according to a Washington Post report.
The report, citing two people familiar with the matter, said that confirmed Musk&rsquo;s attempted intervention has not brought success so far. On Monday (Apr 7), Trump threatened to impose additional 50 per cent tariffs on Chinese imports unless Beijing withdraws the 34 per cent retaliatory tariff on US goods. Although the US president mentioned that he was open to revising some aspects of the plan.
Also read | <a href="https://www.wionews.com/world/playing-with-a-losing-hand-us-treasury-secretary-bessent-says-chinas-escalation-was-big-mistake-8940010">&lsquo;Playing with a losing hand&rsquo;: US Treasury Secretary Bessent says China&rsquo;s escalation was &lsquo;big mistake&rsquo;</a>
<h2>A divide between Musk and Trump?</h2>
The recent encounter between Trump and Musk appears to be the most significant disagreement, which comes after Trump announced sweeping reciprocal tariffs on dozens of nations.
Some analysts believe Musk&rsquo;s inability to persuade the US president highlights the growing divide between Trump and his top advisor.
The world&rsquo;s richest person has been sharing his views on tariffs through his social media. Recently, Musk posted a video of the late conservative economist Milton Friedman, who touted the benefits of international trade cooperation through what he referred to as &ldquo;the impersonal operation of prices&rdquo;, describing the source materials that make it possible to produce a simple wooden pencil as an example.
Also read |&nbsp;<a href="https://www.wionews.com/world/china-vows-to-fight-against-trumps-tariff-beijings-plan-to-ban-hollywood-movies-could-cost-us-millions-8939497">China vows to &lsquo;fight&rsquo; against Trump&rsquo;s tariff. Beijing&rsquo;s plan to ban Hollywood movies could cost US millions</a>
<blockquote class="twitter-tweet publive-iframes-block publive-Twitter-block" contenteditable="false" width="600" height="400" id="PL_blockquote_block-m98si8rv-8cgh7s7s-lv9vxy7x">
<a href="https://t.co/azqwPMa0om">pic.twitter.com/azqwPMa0om</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1909169096391811304?ref_src=twsrc%5Etfw">April 7, 2025</a></blockquote>
Trump&rsquo;s tariffs have shaken the international markets around the world, causing the stock markets to crash on Monday (Apr 7). Trump&rsquo;s billionaire allies, including Musk, saw a decline in their wealth. The Tesla CEO&rsquo;s fortune is seeing a decline of $300 billion for the first time since last year, according to reports.
Recently, Musk attended a conference hosted by Italy&rsquo;s right-wing party advocating for a tariff-free economic zone between the US and the EU.
Also read | <a href="https://www.wionews.com/world/elon-musk-calls-trump-trade-adviser-navarro-dumber-than-a-sack-of-bricks-in-over-tariff-clash-8940303">'Truly a moron': Musk calls Trump trade adviser Navarro &lsquo;dumber than a sack of bricks&rsquo; in clash over tariff</a>
&ldquo;That has certainly been my advice to the president,&rdquo; he told the attendees.
<h2>Musk slams trade advisor</h2>
Musk also had a clash with Peter Navarro, a prominent Trump loyalist and White House trade adviser. Navarro is reportedly the driving force behind the tariff campaign. The two exchanged insults on social media on Monday (Apr 7).
Also read | <a href="https://www.wionews.com/world/elon-sells-cars-hes-protecting-his-interests-trump-aide-peter-navarro-responds-to-musks-tariffs-criticism-8935501">'Elon sells cars. He&rsquo;s protecting his interests': Trump aide Peter Navarro responds to Musk's tariffs criticism</a>
<blockquote class="twitter-tweet publive-iframes-block publive-Twitter-block" contenteditable="false" width="600" height="400" id="PL_blockquote_block-m98sim3b-uob2qxxs-mfpk55ey">
A PhD in Econ from Harvard is a bad thing, not a good thing. Results in the ego/brains&gt;&gt;1 problem.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1908392805841371225?ref_src=twsrc%5Etfw">April 5, 2025</a></blockquote>
The DOGE chief not only slammed Navarro&rsquo;s Harvard PhD degree in economics, but also criticised a commenter who praised the Trump advisor, saying &ldquo;He ain&rsquo;t built sh*t.&rdquo;
(With inputs from agencies)

World | The recent encounter between Trump and Musk appears to be the most significant disagreement, which comes after Trump announced sweeping reciprocal tariffs on dozens of nations.

Tesla CEO Elon Musk made direct appeals to US President Donald Trump over the weekend to lift the tariffs amid the rising tensions with US trade allies, according to a Washington Post report. The report, citing two people familiar with the matter, said that confirmed Musk’s attempted intervention has not brought success so far. On Monday (Apr 7), Trump threatened to impose additional 50 per cent tariffs on Chinese imports unless Beijing withdraws the 34 per cent retaliatory tariff on US goods. Although the US president mentioned that he was open to revising some aspects of the plan. Also read | ‘Playing with a losing hand’: US Treasury Secretary Bessent says China’s escalation was ‘big mistake’ A divide between Musk and Trump? The recent encounter between Trump and Musk appears to be the most significant disagreement, which comes after Trump announced sweeping reciprocal tariffs on dozens of nations. Some analysts believe Musk’s inability to persuade the US president highlights the growing divide between Trump and his top advisor. The world’s richest person has been sharing his views on tariffs through his social media. Recently, Musk posted a video of the late conservative economist Milton Friedman, who touted the benefits of international trade cooperation through what he referred to as “the impersonal operation of prices”, describing the source materials that make it possible to produce a simple wooden pencil as an example. Also read | China vows to ‘fight’ against Trump’s tariff. Beijing’s plan to ban Hollywood movies could cost US millions pic.twitter.com/azqwPMa0om — Elon Musk (@elonmusk) April 7, 2025 Trump’s tariffs have shaken the international markets around the world, causing the stock markets to crash on Monday (Apr 7). Trump’s billionaire allies, including Musk, saw a decline in their wealth. The Tesla CEO’s fortune is seeing a decline of $300 billion for the first time since last year, according to reports. Recently, Musk attended a conference hosted by Italy’s right-wing party advocating for a tariff-free economic zone between the US and the EU. Also read | 'Truly a moron': Musk calls Trump trade adviser Navarro ‘dumber than a sack of bricks’ in clash over tariff “That has certainly been my advice to the president,” he told the attendees. Musk slams trade advisor Musk also had a clash with Peter Navarro, a prominent Trump loyalist and White House trade adviser. Navarro is reportedly the driving force behind the tariff campaign. The two exchanged insults on social media on Monday (Apr 7). Also read | 'Elon sells cars. He’s protecting his interests': Trump aide Peter Navarro responds to Musk's tariffs criticism A PhD in Econ from Harvard is a bad thing, not a good thing. Results in the ego/brains>>1 problem. — Elon Musk (@elonmusk) April 5, 2025 The DOGE chief not only slammed Navarro’s Harvard PhD degree in economics, but also criticised a commenter who praised the Trump advisor, saying “He ain’t built sh*t.” (With inputs from agencies)

Musk and Trump growing apart? Billionaire tried to persuade US president to lift tariffs, report claims

Treasury Secretary Scott Bessent on Tuesday (Apr 8) said that the US holds a substantial advantage over China as the two nations engage in a growing trade war.&nbsp;
&ldquo;I think it was a big mistake, this Chinese escalation, because they&rsquo;re playing with a pair of twos,&rdquo; Bessent told CNBC during an interview. &ldquo;What do we lose by the Chinese raising tariffs on us? We export one-fifth to them of what they export to us, so that is a losing hand for them.&rdquo;
Also read | <a href="https://www.wionews.com/world/china-vows-to-fight-against-trumps-tariff-beijings-plan-to-ban-hollywood-movies-could-cost-us-millions-8939497">China vows to &lsquo;fight&rsquo; against Trump&rsquo;s tariff. Beijing&rsquo;s plan to ban Hollywood movies could cost US millions</a>
<h2>Trump&rsquo;s reciprocal tariffs</h2>
Bessent&rsquo;s remarks come a day before the US is set to raise its levies on China and several other nations as part of the reciprocal tariffs. The duties will bring US trading allies to the negotiating table and jobs back to the US, said the treasury secretary.
He added that so far Japan has been at the forefront of nations willing to negotiate, and the White House expects many others as well.
Also read | <a href="https://www.wionews.com/world/donald-trump-threatens-china-with-50-tariffs-if-beijing-doesnt-drop-retaliatory-tariffs-by-april-8-8936490">'Any country that retaliates..': Trump threatens China with 50% tariffs if Beijing doesn't back down</a>
&ldquo;I think you are going to see some very large countries with large trade deficits come forward very quickly,&rdquo; Bessent said. &ldquo;If they come to the table with solid proposals, I think we can end up with some good deals.&rdquo;
&ldquo;If we put up a tariff wall, the ultimate goal would be to bring jobs back to the US. But in the meantime, we will be collecting substantial tariffs,&rdquo; he said. &ldquo;If we&rsquo;re successful, tariffs would be a melting ice cube, in a way, because you&rsquo;re taking in the revenues as the manufacturing facilities are built in the U.S., and there should be some level of symmetry between the taxes we begin taking in with the new industry from the payroll taxes as the tariffs decline.&rdquo;
Also read | <a href="https://www.wionews.com/world/donald-trump-calls-china-biggest-abuser-as-markets-crash-tariffs-beijing-8935566">&lsquo;Didn&rsquo;t heed my warning&rsquo;: Trump calls China &lsquo;biggest abuser&rsquo; as markets crash; Beijing slams US &lsquo;bullying&rsquo;</a>
<h2>China&rsquo;s vows to &lsquo;fight to the end&rsquo;</h2>
While about 70 countries have reached out to the White House for talks, he said, China has vowed to &ldquo;fight to the end&rdquo; and has imposed 34 per cent tariffs on US imports in response to US President Donald Trump&rsquo;s &ldquo;blackmail&rdquo;.
The US president has threatened Beijing with additional 50 per cent duties on Chinese goods if they do not withdraw the reciprocal tariffs by Tuesday (Apr 8).
Also read | <a href="https://www.wionews.com/world/china-on-tariffs-us-seeking-hegemony-in-the-name-of-reciprocity-in-trade-war-8934616">China on tariffs: 'US seeking hegemony in the name of reciprocity in trade war'</a>
If the US president moves forward with his plans to impose the additional tariffs, unless China withdraws its retaliatory levies on the US, the total new duties on Chinese goods this year could rise to 104 per cent.
(With inputs from agencies)

World | Trending | Bessent’s remarks come a day before the US is set to raise its levies on China and several other nations as part of the reciprocal tariffs.

Treasury Secretary Scott Bessent on Tuesday (Apr 8) said that the US holds a substantial advantage over China as the two nations engage in a growing trade war. “I think it was a big mistake, this Chinese escalation, because they’re playing with a pair of twos,” Bessent told CNBC during an interview. “What do we lose by the Chinese raising tariffs on us? We export one-fifth to them of what they export to us, so that is a losing hand for them.” Also read | China vows to ‘fight’ against Trump’s tariff. Beijing’s plan to ban Hollywood movies could cost US millions Trump’s reciprocal tariffs Bessent’s remarks come a day before the US is set to raise its levies on China and several other nations as part of the reciprocal tariffs. The duties will bring US trading allies to the negotiating table and jobs back to the US, said the treasury secretary. He added that so far Japan has been at the forefront of nations willing to negotiate, and the White House expects many others as well. Also read | 'Any country that retaliates..': Trump threatens China with 50% tariffs if Beijing doesn't back down “I think you are going to see some very large countries with large trade deficits come forward very quickly,” Bessent said. “If they come to the table with solid proposals, I think we can end up with some good deals.” “If we put up a tariff wall, the ultimate goal would be to bring jobs back to the US. But in the meantime, we will be collecting substantial tariffs,” he said. “If we’re successful, tariffs would be a melting ice cube, in a way, because you’re taking in the revenues as the manufacturing facilities are built in the U.S., and there should be some level of symmetry between the taxes we begin taking in with the new industry from the payroll taxes as the tariffs decline.” Also read | ‘Didn’t heed my warning’: Trump calls China ‘biggest abuser’ as markets crash; Beijing slams US ‘bullying’ China’s vows to ‘fight to the end’ While about 70 countries have reached out to the White House for talks, he said, China has vowed to “fight to the end” and has imposed 34 per cent tariffs on US imports in response to US President Donald Trump’s “blackmail”. The US president has threatened Beijing with additional 50 per cent duties on Chinese goods if they do not withdraw the reciprocal tariffs by Tuesday (Apr 8). Also read | China on tariffs: 'US seeking hegemony in the name of reciprocity in trade war' If the US president moves forward with his plans to impose the additional tariffs, unless China withdraws its retaliatory levies on the US, the total new duties on Chinese goods this year could rise to 104 per cent. (With inputs from agencies)

‘Playing with a losing hand’: US Treasury Secretary Bessent says China’s escalation was ‘big mistake’

Donald Trump's tariffs look set to hit the supply of various brands that ship to the United States. Several luxury car and watch brands, besides some toy companies, are halting the export of their products to the country because of the massive tariffs. Trump has slapped a baseline tariff of 10 per cent on many countries. For countries that levy high tariffs on US goods entering their region, the percentages are much worse.&nbsp;
<h2>No Jags and Rovers in the US</h2>
America might soon fight itself empty of various brands who do not want to ship goods to the US because of the high tariffs, the New York Post reported. The luxury car market is the first to be hit, with Jaguar, Range Rover and Land Rover vehicles, all made in the United Kingdom, putting the brakes on sending their items to the US until the matter is resolved.
Also Read: <a href="https://www.wionews.com/business-economy/decoding-the-global-market-shock-amid-trump-tariffs-8938044" rel="dofollow noopener" target="_blank">Decoding the global market shock amid Trump tariffs</a>
Jaguar Land Rover is owned by India's Tata Motors and has confirmed the temporary suspension. "As we work to address the new trading terms with our business partners, we are taking some short-term actions, including a shipment pause in April, as we develop our mid- to longer-term plans," JLR said in a statement.
<h2>Luxury Swiss watches held back</h2>
Next on the list are luxury Swiss watches that have held back on shipping their products to the US, hoping to find a resolution. Rolex, Breitling and Audemars Piguet have halted shipping their goods, The Post reported. Erik Boneta, a businessman who sells luxury watches through his company Boneta, Inc., told the publication.&nbsp;
Also Read: <a href="https://www.wionews.com/world/how-fake-news-of-trumps-90-day-pause-in-tariffs-shook-stock-market-8938366" rel="dofollow noopener" target="_blank">How fake news of Trump's '90-day pause in tariffs' shook stock market</a>
Notably, the tariffs being levied on these goods are 31 per cent. However, Boneta said the Swiss are not going to take any decision in a hurry and won't make the shipping decision official soon. But if the tariffs stay in place, either the cost of making them or the final price paid by the consumers will be affected.&nbsp;
<iframe width="600" height="auto" style="width: 100%; aspect-ratio: 4/3;" allowfullscreen="allowfullscreen" class="external-video publive-iframes-block" src="https://cdn.thepublive.com/wion/static/kaltura_player/wion_video_player_iframe.html?thumbnail=wion/media/post_attachments/screenshot/0804_WION_TRADEWAR_1PM/00000002.jpg&amp;videourl=https://vodakm.zeenews.com/vod/WION/0804_WION_TRADEWAR_1PM.mp4/index.m3u8&amp;duration=146&amp;tags=trump, tariffs, china, americans, world news, wion" title="US companies brace for China&rsquo;s 34% tariff blow on key sectors" id="PL_iframe_block-m98f880w-p3hu2nev-3uy3hp43"></iframe>
<h2>Popular toys to vanish from the shelves soon</h2>
Several major toys made by Basic Fun, a company based in Boca Raton, Florida, will soon dwindle in the US markets as they are manufactured in China. Shipments of toys such as Tonka Trucks, Care Bears, K&rsquo;nex, and Lincoln Logs have been halted, and the effects will likely start becoming visible by July.
Also Read: <a href="https://www.wionews.com/world/trump-orders-removal-of-witness-tree-200-year-old-magnolia-planted-by-andrew-jackson-cut-down-at-white-house-8937967" rel="dofollow noopener" target="_blank">Trump orders removal of White House 'witness tree'</a>
Trump has slapped China with a 54 per cent tariff, including earlier tariffs. Beijing responded with a 34 per cent retaliatory tariff, angering Trump, who has threatened to levy another 50 per cent tariff, taking the total tariffs to 104 per cent.
Also Read: <a href="https://www.wionews.com/world/south-africa-mulls-more-trade-with-india-china-trump-not-looking-to-pause-tariffs-despite-chaos-8937271" rel="dofollow noopener" target="_blank">South Africa mulls more trade with India, China; Trump 'not looking' to pause tariffs despite chaos</a>
Jay Foreman, the CEO of Basic Fun, told The Post, "It&rsquo;s one thing to try to absorb or pass along 10 per cent to 20 per cent, but 54 per cent to 104 percent is impossible. The consumer will just shut down, as will global trade."
<h2>Nintendo Switch 2 pre-orders halted</h2>
Gamers won't be able to get their hands on the Nintendo Switch 2 that is set for a global launch on June 5. Nintendo is not shipping pre-orders for Switch 2, which is made in Japan and will be subject to a 24 per cent tariff. The Verge reported the company as saying that pre-orders are being held "to assess the potential impact of tariffs and evolving market conditions."

Jaguar, Land Rover, Rolex, and Nintendo are some of the brands that have reportedly halted shipping their items to the US in view of the massive tariffs. World Trending

Donald Trump's tariffs look set to hit the supply of various brands that ship to the United States. Several luxury car and watch brands, besides some toy companies, are halting the export of their products to the country because of the massive tariffs. Trump has slapped a baseline tariff of 10 per cent on many countries. For countries that levy high tariffs on US goods entering their region, the percentages are much worse. No Jags and Rovers in the US America might soon fight itself empty of various brands who do not want to ship goods to the US because of the high tariffs, the New York Post reported. The luxury car market is the first to be hit, with Jaguar, Range Rover and Land Rover vehicles, all made in the United Kingdom, putting the brakes on sending their items to the US until the matter is resolved. Also Read: Decoding the global market shock amid Trump tariffs Jaguar Land Rover is owned by India's Tata Motors and has confirmed the temporary suspension. "As we work to address the new trading terms with our business partners, we are taking some short-term actions, including a shipment pause in April, as we develop our mid- to longer-term plans," JLR said in a statement. Luxury Swiss watches held back Next on the list are luxury Swiss watches that have held back on shipping their products to the US, hoping to find a resolution. Rolex, Breitling and Audemars Piguet have halted shipping their goods, The Post reported. Erik Boneta, a businessman who sells luxury watches through his company Boneta, Inc., told the publication. Also Read: How fake news of Trump's '90-day pause in tariffs' shook stock market Notably, the tariffs being levied on these goods are 31 per cent. However, Boneta said the Swiss are not going to take any decision in a hurry and won't make the shipping decision official soon. But if the tariffs stay in place, either the cost of making them or the final price paid by the consumers will be affected. Popular toys to vanish from the shelves soon Several major toys made by Basic Fun, a company based in Boca Raton, Florida, will soon dwindle in the US markets as they are manufactured in China. Shipments of toys such as Tonka Trucks, Care Bears, K’nex, and Lincoln Logs have been halted, and the effects will likely start becoming visible by July. Also Read: Trump orders removal of White House 'witness tree' Trump has slapped China with a 54 per cent tariff, including earlier tariffs. Beijing responded with a 34 per cent retaliatory tariff, angering Trump, who has threatened to levy another 50 per cent tariff, taking the total tariffs to 104 per cent. Also Read: South Africa mulls more trade with India, China; Trump 'not looking' to pause tariffs despite chaos Jay Foreman, the CEO of Basic Fun, told The Post, "It’s one thing to try to absorb or pass along 10 per cent to 20 per cent, but 54 per cent to 104 percent is impossible. The consumer will just shut down, as will global trade." Nintendo Switch 2 pre-orders halted Gamers won't be able to get their hands on the Nintendo Switch 2 that is set for a global launch on June 5. Nintendo is not shipping pre-orders for Switch 2, which is made in Japan and will be subject to a 24 per cent tariff. The Verge reported the company as saying that pre-orders are being held "to assess the potential impact of tariffs and evolving market conditions."

No Jags, no Rolex, no toys? All the brands US might soon find itself bereft of

As global markets tumble, US President Donald Trump vows no pause in new tariffs, especially against China, threatening an additional 50% duty on Chinese imports. He also firmly rejects the EU’s latest proposal for “zero to zero” tariffs on cars and industrial goods, asserting that many nations are now coming forward to negotiate better trade deals. China has strongly pushed back, calling out US pressure tactics.

US companies brace for China’s 34% tariff blow on key sectors

Indian tech stocks faced a meltdown as the impact of tariffs have dimmed outlook for the sector. But is the sell-off just numbers on a screen or will it impact jobs and investments in the export services sector? That's what this next report decodes...

Impact of Trump's tariffs on Indian rarnings

Israeli Prime Minister Benjamin Netanyahu wrapped up a disappointing visit to Washington, where US President Donald Trump remained noncommittal on reducing tariffs for Israel. Trump positioned himself as a potential mediator between Israel and Turkiye, while Netanyahu stressed his commitment to removing trade barriers and protecting Israel from threats via Syria.

Trump, Netanyahu discuss tariffs, Israel-Turkey tensions & Syria threats

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