Trump Proceeds With New Tariff Probes As Xi Calls For Unity Against Bullying

Posted by: lukwago J in World news April 15, 2025

In a significant development, the Trump administration has initiated comprehensive investigations into the imports of pharmaceuticals and semiconductors. The Federal Register filings indicate a deepening scrutiny that could potentially result in the imposition of tariffs on these critical sectors under the pretext of national security concerns.

This move comes at a time of escalating trade tensions on the global stage, with implications for various industries and economies.

During his ongoing visit to Southeast Asia, Chinese President Xi Jinping has made a strong call to Vietnam to join forces in opposing any form of “unilateral bullying” that threatens global free trade and disrupts supply chains.

This diplomatic outreach is part of Beijing’s strategic efforts to bolster its ties with neighboring countries and assert its position as a key player in the region.

The message underscores the growing importance of collaborative efforts in maintaining stability and fairness in international trade relations.

In a sobering assessment, the International Monetary Fund (IMF) has sounded the alarm on the potential repercussions of mounting geopolitical risks and escalating trade tensions.

The IMF’s cautionary statement emphasizes the volatile nature of current global economic conditions, highlighting the looming threat of turmoil in financial markets.

Recent turbulent fluctuations in global markets serve as a stark reminder of the profound impact that uncertainties surrounding trade policies can have on investor confidence and market stability.

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