'There's no winner in the trade war', China was billed with Trump's tariff

Trump tariff on China: China flirts with the tariff of Trump, begging in the wto- There is no winner in Business Wars! Last updated: April 10, 2025, 21:23 IST Trump Tariff News: US President Donald Trump has set a 145% recept tariff on China. China sought the support of the rest of the countries against Trump’s decision in the World Trade Organization (WTO). Trump is not in the mood to relieve China. (File photos) According to the highlights of the White House, Trump imposed 145% on China. China sharply criticized the US tariff in the WTO. 46 WTO countries expressed concern about the US tariff policy. Beijing: China has suffered a major setback from America’s ‘mutual tariff’ policy. He seriously criticized the decision of the World Trade Organization (WTO) of President Donald Trump’s decision in Geneva. China said that this policy not only violates the WTO rules, but that it can also do serious damage to the global trading system. In the first annual meeting of the WTO Goods Council, China set the agenda and made America’s tariff a primary case. China said the discriminatory and unilateral rates imposed by the US are inconsistent with the WTO’s principle of ‘most favorable nation’ and unstable global trading steps. ‘Rate is no winner in wars’ China has appealed that all member states must learn from history and protect the multilateral trading system. He said, “There is no winner in tariff wars and business wars.” At the meeting, the European Union described the US tariff policy against the basics of the WTO, while many other countries said it caused their producers and consumers direct loss. Developing countries have specifically expressed concern that US policy could cause major economic losses to the least developed countries. Trump imposed a 145% rate on China, especially the tariff to 145% of the 145% tariff imposed by President Donald Trump. This includes up to 125% ‘mutual’ tariff and an additional 20% fee, which is allegedly associated with the smuggling of Phantanel. China says these measures will not solve the problem of business balance, but that it will harm America and the rest of the world. According to Chinese media, 46 member states, including the European Union, Britain, Canada, Japan, South Korea, Switzerland, Malaysia, Brazil, Peru, Kazakhstan and Chad, also expressed concern about the US policy, which supports the statement. These countries said that America’s tariff policy is not only a violation of multilateral trade rules, but that it also affects the global supply chain. Location: New -delhi, Delhi first published: April 10, 2025, 21:23 IST Homeworld ‘There is no winner in the trade war’