The U.S. has called on China to arrange a phone call between Xi Jinping and Donald Trump.
White House trade adviser Peter Navarro doubled down on President Trump’s aggressive trade posture Friday morning, calling the latest moves part of a broader “90 deals in 90 days” strategy.
“Americans should trust in Trump, the markets should trust in Trump, and not get these weak knees,” Navarro told Fox Business, referring to the 90-day tariff pause that gives non-retaliating countries a temporary reprieve while trade deals are negotiated.
The global response to President Donald Trump’s sweeping tariff escalation continues to unfold, with incidents and policy reactions surfacing across the world.
Trump expressed cautious optimism while reiterating grievances over past trade practices with China.
“I have great respect for President Xi. He's been, in a true sense, he's been a friend of mine for a long period of time," Trump said about Chinese President Xi Jinping.
India and the U.S. have finalised "terms of reference" over the first segment of a bilateral trade deal. Vice President J. D. Vance is likely to visit India soon.
Legendary investor Tim Draper doubled down on his conviction in “world-shifting” ideas such as crypto as Washington and Beijing trade blows over tariffs and tech supremacy.
In Singapore, a Chinatown restaurant called “Xie Lao Song” sparked online uproar after signs appeared on its door stating, “Starting from April 9, Americans will be charged a 104% surcharge when dining at this restaurant.” The messages, written in both English and Chinese, were quickly removed following public attention. Staff and the owner declined to comment, according to Channel News Asia.
Meanwhile, in Colombo, the International Monetary Fund warned that the Trump administration’s tariffs are posing fresh challenges for Sri Lanka’s economic recovery.
China also retaliated, announcing that it raised tariffs on U.S. imports from 84% to “125%,” according to a statement by the Chinese Commerce Ministry, responding directly to Trump’s 145% hike on Chinese exports.
Trump hikes tariffs on Chinese imports to a staggering 145%, Bitcoin remains steady slightly above $82K.
