China says it is “fully prepared” for the US threats to escalate the ongoing trade war between Washington and Beijing, stressing it will have to fight back to protect its dignity and the interests of its people.
Thousands of Yemenis have taken to the streets of the northern city of Sa'ada to denounce the deadly campaign led by the Saudi regime and supported by the United States against the impoverished Arab country.
On Friday, US President Donald Trump carried his protectionist promises to another level and slapped tariffs on more than $34 billion worth of Chinese products. And this is just the beginning. Another $16 billion is on its way in two weeks from now, adding to a total of $50 billion of Chinese goods that would be charged a 25 percent import tax at US borders. And yet even more is to come. Trump has threatened another $500 billion worth of Chinese goods with tariffs if China retaliates. On Thursday, Trump said that initially, "34 [billion], and then you have another 16 in two weeks and then as you know we have 200 billion in abeyance and then after the 200 billion we have 300 billion in abeyance. Ok? So we have 50 plus 200 plus almost 300."
The US and China on Friday launched tit-for-tat tariffs on each other's imports, the opening shots in what Beijing called "the largest trade war in economic history" between the world's top two economies.
US President Donald Trump has said talks with North Korea are going well, just days after Trump declared the country an "unusual and extraordinary threat" to American national security, despite a historic recent summit with North Korean leader Kim Jong-un.
A global trade war is increasingly turning from talk to reality as US President Donald Trump’s administration prepares to impose tariffs on $34 billion of Chinese imports and Beijing vows to retaliate.
The two Koreas Monday marked their war anniversary in a mood of detente, with Pyongyang dropping its customary anti-US rhetoric and Seoul saying talks have begun on moving the North's artillery back from the tense border.