US and China tariff hikes stall after volatile week

US and China tariff hikes stall after volatile week

The trade war between the United States and China appears to have hit a standstill after a turbulent week that saw both countries increasing tariffs on each other’s goods. The escalating tensions have had a significant impact on global trade, causing uncertainty and volatility in markets worldwide.

US President Donald Trump has expressed willingness to negotiate a deal with China, hinting at a possible resolution to the trade dispute. Meanwhile, the European Union Commission has also expressed openness to discussions with the US, while emphasizing the need for internal market reform.

The potential easing of tensions between the US and China offers a glimmer of hope for businesses and economies affected by the trade war. As both sides show willingness to engage in dialogue, there is a possibility for a much-needed de-escalation in the ongoing conflict.

For more updates on this story and other news, visit http://www.dw.com/en/. Stay informed by following DW on social media platforms such as Instagram, TikTok, Facebook, and Twitter. Subscribe to DW’s YouTube channel for more news coverage.

Watch the video by DW News

Video “US and China tariff hikes stall after volatile week | DW News” was uploaded on 04/12/2025 to Youtube Channel DW News