15 April 2025
Policy
Summary of today's Rio Tinto China media

IFENG reported that US President Trump has once again provoked a trade war with China, and relations between the two countries have suddenly become tense. However, Bloomberg News published an article saying that China has more bargaining chips in the trade war. Bloomberg published an article, saying that there are no winners in a trade war. But even if everyone loses, some people still have greater leverage than others in the tariff battlefield. In the trade war started by President Donald Trump and the United States, it’s becoming increasingly clear that other countries may have more leverage than Trump or his aides imagine.

人民网 reported that at a recent press conference, China’s Deputy Customs Chief Wang Lingjun addressed concerns over escalating trade tensions with the U.S., noting that trade between the two countries still grew by 4% in the first quarter of 2025, reaching 1.11 trillion yuan. Wang Lingjun said that the United States has announced the abuse of tariffs on all its trading partners, including China, under various excuses, which will inevitably have a negative impact on global trade, including that between China and the United States. He further stated that the so-called "reciprocal tariffs" of the United States subvert the existing international economic and trade order and put American interests above the public interests of the international community.

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