Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Reuters: The Rapid Support Forces announced that they have taken over the headquarters of the Sudanese Armed Forces in al-Fasher.
Al Mayadeen correspondent: An Israeli drone strike targeted the town of Al-Qlailah, Southern Lebanon.
Al Mayadeen's correspondent in South Lebanon: Israeli drone strikes town of Harouf, Nabatieh district.
Factions' statement: The attendees agreed to support and continue implementing the ceasefire agreement measures, including the withdrawal of the occupation and lifting the siege.
Factions' statement: Calling for an end to all forms of torture and violations against prisoners in occupation prisons and the necessity of obligating the occupation to do so.
Statement: The current moment is crucial, making the meeting a true turning point toward national unity in defense of our people and their right to life, dignity, and freedom.
Factions' statement: Call for an urgent meeting of all Palestinian forces and factions to agree on a national strategy.
Factions' statement: Continuing joint work to unify visions and positions to confront the challenges facing the Palestinian cause.
Statement of the factions: Emphasis on the unity of the Palestinian political system and the independent national decision.
Statement: Approval to establish an international committee to oversee the financing and implementation of the reconstruction of the Gaza Strip.

China warns US tariffs bringing instability, uncertainty to the world

  • By Al Mayadeen English
  • Source: News Websites
  • 12 Apr 2025 16:53
4 Min Read

China cautions that the United States' tariffs could possibly send the world into an economic recession, even triggering humanitarian crises in poorer nations.

Listen
  • x
  • Wang Wentao, Commerce Minister speaks during a press conference on the sideline of the National People's Congress in Beijing, China, Thursday, March 6, 2025. (AP)
    Wang Wentao, Commerce Minister speaks during a press conference on the sideline of the National People's Congress in Beijing, China, Thursday, March 6, 2025 (AP)

US tariffs will “inflict serious harm” on poorer nations, China’s Commerce Minister Wang Wentao warned, according to a statement from the ministry released Saturday.

The warning came amid escalating tit-for-tat tariffs between Washington and Beijing, fueling concerns of a deepening trade war between the world’s two largest economies in a conflict that has rattled global markets.

Economists caution that disruptions in trade between the closely linked US and Chinese economies could drive up consumer prices and potentially trigger a global recession.

"These US 'reciprocal tariffs' will inflict serious harm on developing countries, especially the least developed countries, and could even trigger a humanitarian crisis," Wang told World Trade Organization chief Ngozi Okonjo-Iweala during a call on Friday, the statement said.

"The United States has continuously introduced tariff measures, bringing enormous uncertainty and instability to the world, causing chaos both internationally and domestically within the US," Wang added.

China announced Friday that it will raise tariffs on US goods to 125% but signaled it would no longer respond to any additional US levies, arguing that purchasing American products no longer makes economic sense under the current conditions.

Additionally, Beijing said it would file a complaint with the WTO over the new wave of tariffs and brushed off Trump’s aggressive tactics as a "joke" and a "numbers game."

The latest Chinese countermeasures triggered renewed turbulence in financial markets, with stocks fluctuating, gold prices climbing, and US Treasury bonds facing pressure.

Related News

US may cut India tariff rate to 15-16%, according to Mint

Trump: No Gaza troops, no more arms to Ukraine, tariffs on China

Trade between the two giants remains significant, with China exporting over $500 billion worth of goods to the US last year, representing 16.4 percent of its total exports, according to Chinese customs figures.

Despite China’s retaliatory tariffs, Trump insisted on Friday that his trade policy was "doing really well."

'China wants a deal,' Trump claims 

Trump on Wednesday described China as the "biggest abuser" in trading history, accusing Beijing of profiting heavily at America's expense. Speaking to reporters at the White House, Trump said China made $1 trillion off trade with the United States in 2024, a situation he called "not right."

"China was by far the biggest abuser in history," Trump stated. "A deal can be made with every one of them. A deal is going to be made with China. A deal is going to be made with every one of them. And there'll be fair deals. I just want fair deals," he added.

Later, Trump said he is open to meeting with Chinese President Xi Jinping, calling him a "friend."

"Sure, I’d meet with him [Xi]," Trump told reporters. "He's a friend of mine. I like him, President Xi, I like him. I respect him."

Trump also commented on the possibility of reaching an agreement with Beijing, suggesting that China is interested in negotiations but struggling with how to proceed.

"China wants to make a deal. They just don't know how quite to go about it. It's one of those things. They are quite proud people, and President Xi [Jinping] is a proud man. I know him very well, and they don't know quite how to go about it, but they'll figure it out in the process of figuring it out," Trump said.

Read more: China refuses subjugation, will continue defending interests: Official

  • US tariffs
  • United States
  • Beijing
  • Washington
  • Trump administration
  • trump tariffs
  • China
  • US economy

Most Read

From previous scenes of the Qassam Brigades targeting an Israeli D9 bulldozer with a Yassin 105 shell, east of Deir al-Balah. (Military Media of the Qassam Brigades)

US knew fatal Rafah blast cause was not Hamas op., says journalist

  • Politics
  • 20 Oct 2025
'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

  • Technology
  • 24 Oct 2025
Abu Hamza, the spokesperson for the Al-Quds Brigades, during a speech televised on October 22, 2025 (Al-Quds Brigades Military Media)

Al-Quds Brigades' Abu Hamza mourns leaders, vows continued resistance

  • Politics
  • 22 Oct 2025
US missionary kidnapped in Niger capital, suspected taken toward Mali

US missionary kidnapped in Niger capital, suspected taken toward Mali

  • Africa
  • 23 Oct 2025

Coverage

All
War on Gaza

Read Next

All
Undated photo of Hanwha Ocean’s Goeje Shipyard in South Korea (Hanwha Ocean)
Politics

China counters US maritime bloc with sanctions on Hanwha Ocean

Catherine Connolly speaks after being after being elected as the new President of Ireland at Dublin Castle, Ireland, Saturday, Oct. 25, 2025. (AP)
Politics

Connolly wins Irish presidency in blow to political establishment

Buildings destroyed during the Israeli air and ground offensive are seen in the Al-Shati camp, in Gaza City, Friday, Oct. 24, 2025. (AP)
Politics

'Israel's' post-ceasefire demolitions in Gaza violate agreement: Hamas

Iran's Foreign Minister Abbas Araghchi attends the 17th annual BRICS summit in Rio de Janeiro, Brazil, July 7, 2025 (AP)
Politics

Iran’s Araghchi: Our nuclear bomb is resilience, not weapons

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS