How global trade geography is shifting after the start of the war in Ukraine: why the Middle Corridor has become a battleground between Turkey, China, the EU and Russia.
The main question analysts are now asking is: who blinked first — Washington or Beijing?
The unexpected remark came just one day after Trump’s administration introduced sweeping new trade measures, including a 34% tariff on Chinese goods.
The leader of China’s ruling party and state, Xi Jinping, warns against escalation and offers China the role of mediator in the pursuit of peace.
The world is entering a new phase marked by the modernization of arsenals, the buildup of warheads, and the growing risk of nuclear conflict.
According to Trump, the offer came during what he described as a “very good” phone call initiated by the Chinese side.
This statement marked the first time Xi personally articulated the principles that, in his view, should form the basis of a settlement to the military conflict.
The Chinese Ministry of Finance stated that the new tariff rates, an increase from the previous 84%, would come into effect on April 12.
The move is a direct response to President Donald Trump’s recent wave of tariffs and a clear signal that Beijing is ready for a prolonged confrontation.
Silicon Valley’s tech giants now find themselves in a situation where old approaches are no longer working, and China is rewriting the rules.
“Rouble faces pressure as Russia’s trade surplus shrinks, traders warn via Reuters.”
With 170 million active TikTok users in the U.S., the app’s ban could mark a seismic shift in how Americans consume media.
Analysis of Russia’s 2024 setbacks: waning influence, strained alliances, and rising pressure from Turkey, Iran, and China.
