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Trump's tariffs against China major test for Xi's leadership: Ex-US envoy

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Trump's tariffs against China major test for Xi's leadership: Ex-US envoy - Business Standard

Quick Summary:

The US' high tariffs on China will be a major test for President Xi Jinping's leadership amid the economic slowdown while the Trump administration's levies on Beijing could be far more effective if the US takes allies along, former US ambassador to China Nicholas Burns has said.

Midway through his tariff campaign against a number of countries, Trump paused the additional duties on other nations for 90 days while imposing more punitive levies on China leaving Beijing to wage a lonely battle to defend its interests.

US President Donald Trump slapped 145 per cent tariffs against Chinese exports and China retaliated with 125 per cent levies on its imports from America.


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Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-13 @ 10:06:58 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 874 words

Reading Time: 5 minutes read

Sentences: 40 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27824600

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 173 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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