Chinese media have mocked U.S. President Donald Trump over plans to impose 25 per cent tariffs on 50 billion dollars worth of Chinese goods, saying “wise men build bridges but fools build walls”.
Mr Trump announced the tariffs on Friday, accusing Beijing of intellectual copyright theft.
China retaliated, saying it would impose an additional 25 per cent tariff on 659 US goods worth 50 billion dollars.
Stock markets fell after the announcements amid fear of a trade war.
The US had earlier warned that it will impose even more tariffs should China retaliate.
President Trump said the tariffs were “essential to preventing further unfair transfers of American technology and intellectual property to China, which will protect American jobs.”
The Chinese product lines that have been hit range from aircraft tyres to turbines and commercial dishwashers.
The Governor of Osun State, Senator Ademola Adeleke, has approved the appointment of Prince Clement…
The Osun State Command of the Nigera Security and Civil Defence Corps, has apprehended a…
The importance of a robust National Identity Management System is globally evident as it serves…
Controversial activist Martins Otse, known as VeryDarkMan (VDM), has raised an alarm over a stolen…
Former deputy governor of Osun State, Looja Clement Adesuyi Haastrup of Bilaro Oluodo Ruling House…
In just 14 days in office, the opposition-controlled National Assembly has impeached South Korea’s acting…
This website uses cookies.