Xi Urges EU to Stand with China Against Trump’s ‘Unilateral Bullying’ as Global Trade War Escalates
Key Developments:
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Xi Jinping’s Appeal: Chinese President Xi Jinping on Friday called on the European Union to join forces with China to resist what he termed “unilateral bullying,” referencing the United States’ aggressive tariff policies under President Donald Trump.
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Trump’s Trade Moves: President Trump recently froze some tariffs for 90 days amid growing market instability but significantly increased tariffs on Chinese goods—raising them to a staggering 145%. This action has intensified tensions between the world’s two largest economies.
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Market Fallout: The global response was swift—Wall Street slumped again, Asian markets tumbled, oil prices fell, and gold soared above $3,200. Investors expressed growing concerns over a global slowdown and fled from U.S. Treasuries.
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EU’s Response: While Trump praised the EU for not retaliating, European Commission President Ursula von der Leyen warned the bloc remains prepared with a “wide range of countermeasures.” A 90-day suspension of EU tariffs on $22.4 billion worth of U.S. goods was described as a goodwill gesture, not a retreat.
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Allies and Reactions: Canada labeled Trump’s reversal a “welcome reprieve,” opening the door for post-election trade talks. Vietnam agreed to initiate negotiations, and Pakistan is sending a delegation to Washington. Xi, meanwhile, plans visits to Vietnam, Malaysia, and Cambodia to rally support.
The escalation of the U.S.–China trade war has triggered global economic ripples and deepened geopolitical rifts. President Xi’s call for EU–China cooperation reflects Beijing’s strategic pivot to counterbalance Washington’s aggressive stance. As the 90-day tariff freeze unfolds, the world watches closely—uncertain whether diplomacy or further disruption will shape the next chapter in global trade.
