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
Israeli media: Missiles launches from iran were detected.
The chief of staff of the Iranian armed forces: The operations carried out thus far serve as a warning and deterrence. The punitive operations will be carried out soon.
Islamic Revolution Guard Corps: The tenth wave of missile attacks targeted the launch point of the Israeli regime's fighter jets.
Iranian media: Iranian cybersecurity teams are repelling the attacks.
Iranian media: "Israel" waged a major cyberattack on Iran's digital infrastructure.
Iranian TV: The new wave included missiles and drones and was launched from several areas.
Iranian TV: The tenth wave of Operation True Promise 3 against the occupying entity has begun.
The US-supplied THAAD air defense system is participating in the interception of Iranian missiles.
Israeli media says some 10 missiles detected from Iran.
Four Israeli settlers wounded on their way to bomb shelters, as per the Magen David Adom.

US Treasury chief expects China tariff standoff to ease

  • By Al Mayadeen English
  • Source: Agencies
  • 22 Apr 2025 22:17
3 Min Read

The US Secretary of the Treasury said that he expects the faceoff between the US and China to settle down, during a closed-door JPMorgan event.

Listen
  • x
  • Treasury Secretary Scott Bessent and Defense Secretary Pete Hegseth listen as Trump speaks before a luncheon with Italy's PM Giorgia Meloni in the Cabinet Room of the White House, April 17, 2025 (AP)
    Treasury Secretary Scott Bessent and Defense Secretary Pete Hegseth listen as Trump speaks before a luncheon with Italy's PM Giorgia Meloni in the Cabinet Room of the White House, April 17, 2025 (AP)

United States Treasury's Scott Bessent said that the trade standoff between Washington and Beijing is not sustainable and predicted the tit-for-tat tariff war would soon de-escalate.

Bessent stated that the massive tariffs imposed by the world's two largest economies on each other's goods effectively function as a mutual trade embargo while speaking at a private JPMorgan Chase event on Tuesday, referring to the duties Washington and Beijing imposed on each other following the inauguration of Donald Trump.

Additionally, he reportedly told attendees that he anticipates a near-term de-escalation in trade tensions while adding that such a development would likely provide some relief to markets, according to a participant in the event, which was closed for media.

The Treasury Secretary expressed optimism about reaching a significant deal with Beijing in time while emphasizing the importance of fair trade practices and China's need to rebalance its economy, though he clarified that the ultimate objective isn't economic decoupling but rather establishing more balanced trade relations.

No comment from Chinese authorities has been issued regarding the US comments.

China refuses subjugation, will continue defending interests

Related News

Do not want to fire missiles at civilians or US soldiers: Trump

US deploys more fighter jets to Middle East as Trump threatens Iran

The tit-for-tat measures are the latest in a series of tensions between United States and China, touching on broader issues ranging from trade to human rights and geopolitical competition in Asia.

As both sides remain firm in their positions, prospects for diplomatic de-escalation remain uncertain.​

Earlier in April, at the peak of the trade war between Beijing and Washington, the Chinese government issued a firm warning to the US, asserting that pressure and threats are not the proper way to engage with China.

"We do not provoke trouble, but we are not afraid of it either. Pressure and threats are not the right way to deal with China. China is already taking and will continue to take decisive measures to protect its sovereignty, security, and development interests," the government said in a statement carried by state broadcaster China Central Television. 

China warns US tariffs bringing instability

US tariffs will “inflict serious harm” on poorer nations, China’s Commerce Minister Wang Wentao warned, according to a statement from the ministry released April 12.

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 April 11, 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.

  • United States
  • Scott Bessent
  • tariffs
  • Tariff war
  • China

Most Read

Iranian missiles impact Israeli sites in Tel Aviv in 2nd wave

Iran's missiles impact 'strategic' Israeli site in Tel Aviv

  • Politics
  • 14 Jun 2025
Bin Salman: Islamic world backs Iran in call to Pezeshkian

MBS says Islamic world backs Iran in call with Pezeshkian

  • MENA
  • 15 Jun 2025
Iran launches 9th wave of Op. True Promise 3, destroys IOF air defense

Iran launches 9th wave of Op. True Promise 3, destroys IOF air defense

  • MENA
  • Today
Smoke rises after an Iranian ballistic missile directly struck Tel Aviv, Occupied Palestine, June 13, 2025 (AP)

Op. True Promise 3: Iran's ballistic missiles strike Tel Aviv

  • MENA
  • 13 Jun 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
In this photo released by the Iranian Red Crescent Society rescuers work at the scene of an explosion after an Israeli strike in Tehran, Iran, Friday, June 13, 2025. (Iranian Red Crescent Society via AP)
Politics

‘Israel’ targets civilians in Tehran; most victims are kids

France's President Emmanuel Macron arrives during the official welcome of the G7 Summit, Monday, June 16, 2025, in Kananaskis, Canada. (AP)
Politics

Macron warns West regime change in Iran would be 'strategic error'

Trump hints at escalation: G7 exit ‘much bigger’ than Iran ceasefire
Politics

Trump says G7 exit denotes something 'much bigger' than Iran ceasefire

A group photo of the G7 Summit, Monday, June 16, 2025, in Kananaskis, Canada (AP Photo/Mark Schiefelbein)
MENA

G7 sides with aggressor, says 'Israel' has 'right to defend itself'

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