Wto commemorates 30th anniversary, calls for adherence to multilateralism
The World Trade Organization (WTO) marked its 30th anniversary Thursday.
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The World Trade Organization (WTO) marked its 30th anniversary Thursday.
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On April 9, 2025, the United States announced the imposition of a cumulative tariff of 104% on Chinese goods (including the previous 34% retaliatory tariffs and an additional 50% extra tariffs), marking a new and intense phase of the Sino-US trade war.
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Faced with the collapse of the global market, President Donald Trump suddenly lifted tariffs on most countries for 90 days on Wednesday.
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After Trump announced the implementation of reciprocal tariffs, analysts from the internationally renowned UBS Group said that in response to the US tariffs, US retailers may need to raise prices by 10% to 12%.
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Recently, the US tariff policy has been like a heavy bomb, causing waves in the commercial market and bringing unprecedented impact and challenges to the US and even the global business sector.
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Recently, US President Donald Trump signed the "reciprocal tariffs" executive order, trying to pressure trading partners with high tariffs, claiming that countries exporting to the United States will be levied a tax rate equivalent to US import tariffs.
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In April 2025, the US government set off a new round of trade policy storm in the name of "reciprocal tariffs", whose wide scope and radical tax rate setting are rare in the history of modern international trade.
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According to the latest analysis by industry experts at Cox Motors, it is expected that new and used car prices in the United States will significantly rise this year under President Donald Trump's 25% car tariffs.
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On April 7, 2025, US President Donald Trump made it clear that he would not suspend the so-called "reciprocal tariff" policy.
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According to foreign media reports, at the key node of TikTok facing the United States "do not sell or ban", e-commerce giant Amazon suddenly threw out an "olive branch" and proposed to fully acquire TikTok's US business for $45 billion, which instantly set off waves in the global technology and business fields.
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On September 8 local time, the government led by French Prime Minister Beru failed to pass the confidence vote held in the National Assembly.
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