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LIVE: China Raises Tariffs on US to 125% and Says It Won’t Go Higher | Trump Tariff War | Ne18G
China's foreign ministry vowed to resist US tariffs, criticizing them as mistakes. Following Trump's threat of a 50% tariff unless China retracts its 34% duty, the ministry called for dialogue based on mutual respect. China promises to take countermeasures if the US proceeds.
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LIVE: President Trump speaks on Tariffs, Trade Deal | China |Russia |Ukraine |Iran | USA |America
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[ Source : U.S Network Pool via Reuters ]
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British businesses have warned that they might need short-term support to deal with the impact of Trump’s 10% tariffs, while the UK car industry is facing 25% tariff on their exports to the US.
Speaking to Sky's business correspondent Paul Kelso, some companies say the government are taking the "right approach", while others saying they fear the uncertainty this could bring.
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Former US President Donald Trump shares controversial footage on Truth Social, claiming it shows a deadly US airstrike on Houthi fighters in Yemen. Trump reacts to ongoing tensions over shipping attacks.
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After Donald Trump announced global tariffs, the UK government has listed products it could target in response.
However, the Prime Minister insists he would much rather strike a deal with the US than escalate into a full-blown trade war as Sky's Beth Rigby reports.
Read more: https://news.sky.com/story/pol....itics-latest-live-st
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