• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 20th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
Spanish Prime Minister Pedro Sanchez and Chinese President Xi Jinping speak as they walk along the gardens of Diaoyutai Guest House after a meeting in Beijing, China, 11 April 2025. ANDRES MARTINEZ CASARES/Pool via
Spanish Prime Minister Pedro Sanchez and Chinese President Xi Jinping speak as they walk along the gardens of Diaoyutai Guest House after a meeting in Beijing, China, 11 April 2025. ANDRES MARTINEZ CASARES/Pool via
Home
World
World

China, EU must oppose tariff 'bullying', Xi tells Spanish PM

April 11th, 2025 | 06:50 AM WORLD 3

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Russia strikes drone component facilities, other targets in Kyiv, defence ministry says
Ukrainian capital Kyiv under attack by Russian ballistic missiles, mayor says
US debt crosses $40 trillion threshold after doubling under Trump and Biden
UN's Guterres seriously concerned by US sanctions on ICC
By David Latona, Joe Cash

President Xi Jinping told Spain's prime minister on Friday that China and the European Union must join together in defending globalisation and opposing "unilateral acts of bullying", in a clear swipe at U.S. President Donald Trump's tariff policies.

Xi, in his first public comments on the issue since Trump launched his tariff offensive last week, said there could be "no winners" in any trade war, and he said the EU had a key role to play in ensuring global economic stability.

Spanish Prime Minister Pedro Sanchez said China and the United States needed to hold talks to defuse the situation, and he also called for a more balanced relationship between Beijing and the 27-nation EU, which has its own trade issues with China.

"China has always regarded the EU as an important pole in a multipolar world, and is one of the major countries firmly supporting the EU's unity and growth," Xi told Sanchez during their talks in Beijing, according to the Xinhua news agency.

"China and the EU should fulfill their international responsibilities, jointly safeguard the trend of economic globalisation and the international trade environment, and jointly oppose unilateral acts of bullying," Xi added.

In a stunning reversal, Trump said on Wednesday he would temporarily lower hefty duties he had just imposed on dozens of countries including the EU-27, but further jacked up tariffs on Chinese imports to over 145%, escalating a high-stakes confrontation between Washington and Beijing.

China has retaliated by imposing 125% tariffs on U.S. imports.

In his talks with Sanchez, Xi talked up the ability of China and the EU, respectively the world's second and third biggest economies, to counter Trump's tariffs.

'NO WINNERS'

"There are no winners in a tariff war," Xi said, without explicitly mentioning Trump or the United States, prompting the Spanish leader to say: "Trade wars aren't good - the world needs China and the U.S. to talk."

Sanchez's trip to Beijing, his third in as many years, aims to forge closer economic and political ties with China amid the global fallout from Trump's tariff policy, seeking to position Spain as an interlocutor between China and the EU and to attract more Chinese investment.

Spanish officials have rejected a U.S. warning that moving closer to the Asian country would be "cutting your own throat".

"We believe there are opportunities to deepen relations, but it's important that China shows sensitivity to European demands for more balanced relations," Sanchez said, referring to the EU's trade deficit with Beijing, which last year exceeded $300 million.

The EU describes China as a "partner for cooperation, an economic competitor and a systemic rival".

During a press conference at the Spanish embassy in Beijing, Sanchez said the two countries had signed agreements on science, technology, education and the film industry, as well as protocols regarding pork and cherry exports.

According to Xinhua, Xi said Spain and China should tap the potential for cooperation in new energy, high-tech manufacturing and smart cities.

Spain receives crucial investment flows from China that are of high interest to the EU as they mainly involve advanced technology - such as batteries, electric vehicles and hydrogen - in which the bloc lags behind the Asian country.

  • Topic
  • CHINA
  • SPAIN/ (UPDATE 2, TV, PIX)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Russia strikes drone component facilities, other targets in Kyiv, defence ministry says

Related Posts

World
August 20th, 2026

Russia strikes drone component facilities, other targets in Kyiv, defenc...

World
August 19th, 2026

Ukrainian capital Kyiv under attack by Russian ballistic missiles, mayor...

World
August 19th, 2026

US debt crosses $40 trillion threshold after doubling under Trump and Bi...

World
August 19th, 2026

UN's Guterres seriously concerned by US sanctions on ICC

World
August 19th, 2026

Trump taps White House adviser Overton to lead FDA

World
August 19th, 2026

US, Canada trade negotiators meet after Trump sets new tariff deadline

The Wire
Aug 20th 2 h ago
Technology

China puts robocops on traffic duty, minus the arrest power...

Aug 20th 3 h ago
Soccer

Japan's Miura, 59, becomes oldest scorer in Emperor's Cup h...

Aug 20th 3 h ago
Environment

A decade after earthquake, Italy's Amatrice struggles to re...

Aug 20th 3 h ago
ROI: Reuters Open Interest

The Iran war energy crisis is just getting started

Aug 20th 3 h ago
Media & Telecom

'Baby Shark' boy returns to stage as a K-pop singer

TRENDING ON FINANCETIME
Aug 20th, 2026 Litigation

SK Hynix to pay 60% of employee bonuses in company stock under preliminary deal, says source

Aug 20th, 2026 Asia Pacific

Outsider who could decide New Zealand's next government wants to tax wealth, not work

Aug 20th, 2026 Business

Aegon raises share buyback plan to 350 million euros

Aug 20th, 2026 Africa

South Africa's Exxaro half-year profit down 20%, cuts dividend

Aug 20th, 2026 Cricket

Australia look for response to 'Darwin Disaster' in second Bangladesh test

Markets-Sectors
BASIC MATERIALS +1.43%
UTILITIES +0.00%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT