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People walk by Beijing Stock Exchange on the Financial Street, in Beijing, April 10, 2025
CHINA will seek a shared future with its neighbours, the country’s government said today as the tariff war launched by the United States narrowed its focus to Beijing.
On Wednesday President Donald Trump suspended the tariffs, bar a 10 per cent base level, that he had slapped on every nation except China.
As stock markets across the globe collapsed, Mr Trump said he was putting the plan on hold for 90 days, claiming that countries were lining up to negotiate more favourable conditions.
US tariffs have had Von der Leyen bowing in submission, while comments from the former European Central Bank leader call for more European political integration and less individual state sovereignty. All this adds up to more pain and austerity ahead, argues NICK WRIGHT
