Nepal Rastriya Dainik
April 22, 2026 ,
TRENDINGS
US Senate fails again to end Government Shutdown Inquiry Commission Chair says criminal cases from Gen Z Protests can proceed without waiting for Report The Legacy of the Nobel Prize: Honoring those who changed the World Gen Z activists launch online campaign demanding arrest of former PM Oli and Ex-Home Minister Lekhak Putin and Netanyahu discuss Middle East situation amid Gaza peace deal Hamas and Israel delegations hold talks in Egypt as Trump urges swift end to Gaza war

EU-US trade war will benefit China – Kaja Kallas

Posted on by नेपाल राष्ट्रिय दैनिक

The European Union is preparing for a possible trade war with the US, but the winner in this situation will be China, EU foreign policy chief Kaja Kallas told reporters upon arrival at the informal summit of the community in Brussels.

“We were listening carefully to those words and, of course, we are preparing on our side. But what is clear is that there are no winners in trade wars. If the EU and the United States start a trade war than the one who is laughing on the side is China,” she said.

According to her, introduction of tariffs on European goods by US would lead to higher prices and other negative consequences for both sides. In addition, such a decision will negatively affect jobs.

“We are very interlinked. We need America and America needs us as well,” she added.

On February 2, US President Donald Trump said that the United States is determined to impose additional customs duties on imports from the European Union. According to him, this will happen “very soon.” He complained that EU member countries do not buy products from the American automobile industry and agriculture.

Canada, Mexico and China face tariffs: EU on the list

Posted on by नेपाल राष्ट्रिय दैनिक

US President Donald Trump will impose tariffs on Saturday of 25% on Mexico, 25% on Canada and 10% on China, says the White House.

But Trump said on Friday that Canadian oil would be hit with lower tariffs of 10%, which could take effect later, on 18 February. The president also said he planned to impose tariffs on the European Union in the future, saying the bloc had not treated the US well.

White House press secretary Karoline Leavitt said the Canada and Mexico duties were in response to “the illegal fentanyl that they have sourced and allowed to distribute into our country, which has killed 10s of millions of Americans”.Trump has also repeatedly said the move was to address the large amounts of undocumented migrants that have come across US borders as well as trade deficits with its neighbours.

During the election campaign, Trump threatened to hit Chinese-made products with tariffs of up to 60%, but held off on any immediate action on his first day back in the White House, instead ordering his administration to study the issue.

China, Canada and Mexico are the top US trading partners, accounting for 40% of the goods imported into the US last year, and fears are rising that the new steep levies could kick off a major trade war as well as push up prices in the US.