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U.S. tariff policies spark global pushback from Europe, Asia, North America

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      China

      China

      U.S. tariff policies spark global pushback from Europe, Asia, North America

      2025-04-08 14:11 Last Updated At:18:57

      Governments in the EU, Canada, ASEAN, and Mexico are ramping up actions against the United States' latest tariff hikes, signaling a growing international backlash and the potential for escalating trade disputes in the coming weeks.

      Amid rising global concern, U.S. President Donald Trump on April 2 signed an executive order imposing a 10-percent "minimum baseline tariff" on all imports, with elevated rates for specific countries.

      In response, trade ministers from EU member states convened in Luxembourg on Monday to discuss a unified strategy against the United States' proposed new round of steep tariffs on EU imports.

      According to multiple media reports, the European Commission has proposed retaliatory tariffs of 25 percent on a range of U.S. products, including soybeans, nuts, diamonds, eggs, dental floss, sausages, and poultry. These measures are aimed directly at countering U.S. tariffs on European steel and aluminum.

      If approved, the EU's new duties are expected to take effect on April 15, though most tariffs would begin to be collected in mid-May. Tariffs on soybeans and various nuts are scheduled to start on December 1.

      EU member states will vote on the proposal on April 9. Under current EU rules, the measure will pass unless a "qualified majority" of at least 15 member states - representing at least 65 percent of the EU's population - vote against it.

      Meanwhile, the World Trade Organization (WTO) announced on Monday that Canada has formally requested consultations with the U.S. under the WTO's dispute settlement mechanism. This comes in response to the U.S. decision to impose a 25 percent tariff on imported automobiles and certain auto parts. Canada argues the measure violates U.S. obligations under the General Agreement on Tariffs and Trade (GATT) 1994.

      Elsewhere, Malaysian Prime Minister Anwar Ibrahim on Monday said during a meeting that Malaysia, as the current chair of ASEAN, will work to strengthen communication among member nations and coordinate a joint response to the U.S. tariff moves. Anwar emphasized that ASEAN cannot afford to take the new U.S. tariffs lightly amid rising global economic and political uncertainty.

      ASEAN economic ministers are scheduled to meet on April 10 to discuss a collective strategy.

      In Mexico, President Claudia Sheinbaum said on Monday that her government does not rule out imposing reciprocal tariffs on the U.S. but stressed that she would pursue all diplomatic avenues to avoid escalating prices for Mexican consumers.

      U.S. tariff policies spark global pushback from Europe, Asia, North America

      U.S. tariff policies spark global pushback from Europe, Asia, North America

      U.S. tariff policies spark global pushback from Europe, Asia, North America

      U.S. tariff policies spark global pushback from Europe, Asia, North America

      U.S. tariff policies spark global pushback from Europe, Asia, North America

      U.S. tariff policies spark global pushback from Europe, Asia, North America

      U.S. tariff policies spark global pushback from Europe, Asia, North America

      U.S. tariff policies spark global pushback from Europe, Asia, North America

      The head of a Vietnamese car dealership is hopeful that Chinese President Xi Jinping's visit to the Southeast Asian country can help strengthen business ties between the two nations and attract greater Chinese investment to Vietnam.

      Xi arrived in Vietnam on Monday for a two-day state visit at the invitation of General Secretary of the Communist Party of Vietnam (CPV) Central Committee To Lam and Vietnamese President Luong Cuong.

      The visit coincides with the 75th anniversary of the establishment of diplomatic ties between China and Vietnam, as well as the China-Vietnam Year of People-to-People Exchanges.

      Nguyen Thi Diem My, the CEO of a dealership that distributes vehicles from Omoda and Jaecoo -- two sub-brands under Chinese automaker Chery Automobile -- expressed the hope that Xi's visit would lead to deeper business engagement between the two sides.

      "We ourselves are a company that distributes a Chinese car brand in Vietnam. I think that when President Xi visited Vietnam, it greatly encouraged many Chinese businesses to visit and invest in Vietnam in the near future. I think, and I hope that after this visit, it will open up even more opportunities for cooperation between businesses from the two countries," she said.

      Xi departed Vietnam on Tuesday to wrap up the first leg of a three-nation Southeast Asian tour, which will also see the Chinese president pay visits to Malaysia and Cambodia from Tuesday to Friday.

      Vietnamese car dealer hopes Xi’s visit can boost business tie, encourage investment

      Vietnamese car dealer hopes Xi’s visit can boost business tie, encourage investment

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