On April 9, U.S. President Donald Trump announced a 90-day pause for countries hit by higher U.S. tariffs. In a dramatic change of policy, just hours after levies against roughly 60 of U.S. trading partners kicked in, Trump said he was authorizing a universal “lowered reciprocal tariff of 10 percent” as negotiations continued, adding that the pulling back of tariffs is because people were “yippy and afraid” due to the stock market declines. The market crash has unsettled Trump’s staunch allies on the Wall Street, Silicon Valley billionaires like Elon Musk, congressional Republicans and even die-hard MAGA fans. Republicans’ efforts…
Author: CGTN
Chinese President Xi Jinping said on Monday that he looks forward to having an in-depth exchange of views with Vietnamese leaders on issues concerning ties between the two parties and countries that have a global impact, determine future direction, and possess strategic significance, as well as on international and regional issues of common concern. Xi made the remarks in a written statement upon his arrival at the Noi Bai International Airport in Hanoi. The Chinese leader added that he also expects to take his visit as an opportunity to work with the Vietnamese side to draw up a new blueprint…
China saw robust travel during the three-day Qingming Festival holiday, which concluded on Sunday. According to the Ministry of Culture and Tourism, a total of 126 million domestic trips were made across the country during the holiday, a year-on-year increase of 6.3 percent, while the total expenditure on domestic travel reached 57.549 billion yuan (about $7.9 billion), posting an increase of 6.7 percent over the same period last year. According to data from Chinese mobile car-hailing platform DiDi Chuxing, the demand for taxis during the holiday increased by 14 percent year on year. During peak periods, the demand exceeded 110,000…