What to Know
- The Commerce Ministry said Tuesday the U.S.‘s imposition of “so-called ‘reciprocal tariffs’” on China is “completely groundless and is a typical unilateral bullying practice.”
- Indian Foreign Minister S. Jaishankar spoke with his U.S. counterpart, Secretary of State Marco Rubio, late Monday to push for an early conclusion of negotiations over a bilateral trade deal.
- Trump’s threat Monday of additional tariffs on China raised fresh concerns that his drive to rebalance the global economy could intensify a financially destructive trade war.
China says it will “fight to the end” and take countermeasures against the United States to safeguard its own interests. Follow along for live updates.
