1 week ago
Last Updated:April 11, 2025, 13:48 IST
Xi’s remarks came just hours after the White House announced that the total US tariff rate on Chinese imports would effectively be 145 per cent
US President Donald Trump with Chinese leader Xi Jinping | File Image/Reuters
Chinese President Xi Jinping urged the European Union to stand with Beijing against what he described as “unilateral bullying," in a veiled reference to the US’ reciprocal tariff move.
Xi’s remarks came just hours after the White House announced that the total US tariff rate on Chinese imports would effectively be 145 per cent, fueling tensions in the ongoing trade war between the world’s two largest economies.
The Chinese leader further said that his country is “not afraid" of the escalating trade war with the United States that has plunged the global market into chaos and triggered the worst two-day loss in the US stock market history.
“There are no winners in a trade war, and going against the world will only lead to self-isolation," Xi told Spanish Prime Minister Pedro Sanchez in Beijing on Friday, reported CNN.
“For over 70 years, China’s development has relied on self-reliance and hard work — never on handouts from others, and it is not afraid of any unjust suppression," the Chinese leader said.
Xi added that regardless of changes in the external environment, “China would remain confident, stay focused, and concentrate on managing its own affairs effectively."
US-China Trade War
Earlier, Trump announced a 125% tariff on Chinese goods on Wednesday, which the White House later clarified would be added to an existing 20% levy, which was implemented citing China’s alleged role in the fentanyl supply chain.
In retaliation, China imposed 84 per cent tariffs on US imports, which took effect Thursday.
Trump first imposed a 34 per cent Tariff on Chinese goods during his ‘Liberation Day’ speech, prompting China to respond with an equal tariff.
The US President then added another 50 per cent weight, ending talks and raising the total US tariff to 104 per cent. China pushed back on Trump’s tariff policies by hiking its levies on US imports to 84 per cent.
Later, Trump hiked the tariff to 125 per cent, declaring it would take effect immediately. A White House official then confirmed that, including a prior 20 per cent fentanyl-related tariff, the effective US rate on Chinese imports has reached 145 per cent.
Location :China
First Published:April 11, 2025, 13:13 IST
News world 'Unilateral Bullying': Xi Seeks EU Backing As Trump's Tariff Move Pins China At 145%
