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Trade Wars Are Easy to Lose

  • President Donald Trump announced a 10% tariff on most countries for 90 days while increasing tariffs on Chinese goods, citing a 'lack of respect' from China for global markets.
  • The European Union paused retaliatory tariffs for 90 days and expressed willingness to negotiate with the Trump administration.
  • The Chinese Ministry of Commerce stated it is open to talks but insists they must be based on 'mutual respect' and warned it will 'fight to the end' if a trade war ensues.
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Bias Distribution

  • 56% of the sources lean Right
56% Right
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Foreign Affairs broke the news in on Wednesday, April 9, 2025.
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