World Business Report

Xi Jingping hits back at US tariffs

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Synopsis

Chinese leader Xi Jingping hits back at US tariffs as he starts his tour of East Asia, stating ‘The Trade war and tariff war will produce no winner’ OPEC - the cartel of oil producing countries - has cut its forecast for growth in oil demand for 2025- in part because of US tariffs And entertainment giant Sony will charge more for its Playstation 5 gaming console in response to the threat of US tariffs