China says ‘no winners in tariff war’ as Xi urges EU to resist Trump’s ‘bullying’

Chinese leader canvasses Spain and other trading partners on how to tackle economic fallout as market turmoil continuesWhy did ‘strongman’ Trump back down on tariffs? – podcastBusiness live – latest updatesXi Jinping has said there are “no winners in a tariff war” and invited the EU to work with China to resist “bullying” during a meeting with the Spanish prime minister, as the turmoil unleashed by Donald Trump’s tariffs showed little sign of easing on Friday.Some markets continued to tumble, as the French president, Emmanuel Macron, described the US president’s 90-day tariff pause – which sets most tariffs at 10% until July – as “fragile”. Continue reading...

China says ‘no winners in tariff war’ as Xi urges EU to resist Trump’s ‘bullying’

Chinese leader canvasses Spain and other trading partners on how to tackle economic fallout as market turmoil continues

Xi Jinping has said there are “no winners in a tariff war” and invited the EU to work with China to resist “bullying” during a meeting with the Spanish prime minister, as the turmoil unleashed by Donald Trump’s tariffs showed little sign of easing on Friday.

Some markets continued to tumble, as the French president, Emmanuel Macron, described the US president’s 90-day tariff pause – which sets most tariffs at 10% until July – as “fragile”. Continue reading...