China has raised tariffs on US imports from 84% to 125% in response to new US trade measures. The move, announced by China’s State Council Tariff Commission, accuses the US of violating international trade rules and engaging in “unilateral bullying.” Chinese President Xi Jinping warned there are no winners in trade wars and stressed China’s readiness to resist external pressure. He called on the EU to stand against protectionism, while Spanish PM Pedro Sanchez echoed support for free trade and multilateralism.
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