https://www.taxtmi.com/news?id=40603 Chinese President Xi Jinping urged the European Union to join China in resisting unilateral US tariffs, advocating cooperation to safeguard economic globalisation, free trade, and international trading rules. The article describes reciprocal tariff escalations between the US and China, the EU's pause on countermeasures pending negotiations, EU concerns about trade diversion and potential import pressures on the single market, and the EU's readiness to use trade defence tools. It also notes China's diplomatic outreach to strengthen trade ties and supply chain resilience. en-us Fri, 11 Apr 2025 15:46:03 +0530 Fri, 11 Apr 2025 15:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=40603 Chinese President Xi Jinping urged the European Union to join China in resisting unilateral US tariffs, advocating cooperation to safeguard economic globalisation, free trade, and international trading rules. The article describes reciprocal tariff escalations between the US and China, the EU's pause on countermeasures pending negotiations, EU concerns about trade diversion and potential import pressures on the single market, and the EU's readiness to use trade defence tools. It also notes China's diplomatic outreach to strengthen trade ties and supply chain resilience. News - Fri, 11 Apr 2025 15:46:03 +0530 https://www.taxtmi.com/news?id=40603