China warns US tariffs pose 'unprecedented huge risks' to global economy amid ongoing trade war

  • Posted on May 6, 2025
  • By Business News Today
  • 2 Views
China warns US tariffs pose 'unprecedented huge risks' to global economy amid ongoing trade war

China's finance minister criticized US tariffs for creating significant risks to the global economy at an Asian Development Bank meeting. He accused an unnamed country of initiating tariff and trade wars, advocating for multilateralism. Despite China's openness to negotiations, it insists on the removal of US tariffs, which Trump has rejected, even as both economies feel the impact.
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