China will firmly implement retaliatory measures to protect its rights and interests if the United States intensifies its tariff actions, the nation’s Ministry of Commerce stated on Tuesday. A spokesperson for the ministry made these remarks following the US’s warning of a potential 50% tariff increase on Chinese imports, a move that China strongly opposes. The US so-called “reciprocal tariffs” against China are groundless and a typical practice of unilateral bullying, the spokesperson said. The spokesperson noted that the countermeasures China has adopted are entirely legitimate actions aimed at protecting…
Day: April 8, 2025
PM pitches Pakistan’s trillion-dollar mineral industry to foreign investors
ISLAMABAD: Aiming to boost the country’s volatile economic indicators, Prime Minister Shehbaz Sharif has extended an invitation to both domestic and international investors to invest in Pakistan’s vast natural resources, estimated to be worth trillions of dollars. The premier said this while addressing a two-day Pakistan Minerals Investment Forum 2025 (PMIF25) in Islamabad on Tuesday. He was confident that using the outstanding resources would enable Pakistan to pay off its debt. Highlighting the potential of mineral resources in different areas of the country, PM Shehbaz emphatically said that Pakistan would…