China warns ‘unprecedented huge risks’ to global economy from US tariffs

China's finance minister has criticized US tariffs for destabilizing the global economy, while the foreign ministry insists the US must drop its threatening stance for any agreement. The ongoing trade dispute escalates as the US imposes high tariffs, prompting retaliation from Beijing. Despite hints of possible trade talks, China demands the removal of tariffs, a condition President Trump has dismissed.

from Times of India https://ift.tt/aUjHN2c
https://ift.tt/hi0bpQB May 06, 2025 at 11:26PM TOI BUSINESS DESK

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