ECONOMIC AFFAIRS: Israeli businesses are dependent on foreign markets, and globalization is deeply ingrained in the economic DNA of the country - a 17% tariff will undoubtedly hit hard.
Trump's announcement came less than 24 hours after steep new tariffs kicked in on imports from dozens of trading partners.
Trump declared a 90-day pause on reciprocal and 10% tariffs that he had unveiled initially last week, while raising duties on China to 125%.
Global PC shipments jumped 9.4% in Q1 as vendors rushed to stock up ahead of Trump’s new tariffs, but analysts warn of a slowdown later this year.
China sanctioned 18 US defense firms and raised tariffs after Trump imposed a 50% duty on Chinese goods, escalating tensions over trade and Taiwan.
China is reportedly verifing Zelensky's claims and has not yet commented on the issue.
Ukrainian forces engaged six Chinese troops in battle in eastern Ukraine and took two soldiers prisoner, Zelensky revealed.
Taiwan has accused China of stepping up military drills, trade sanctions and influence campaigns against the island in recent years.
With the support and impetus of intergovernmental projects, people-to-people technological innovation cooperation between China and Israel has flourished.
Hampshire said in the statement that Andrew had regular communication with China's Xi in relation to the prince's Pitch@Palace initiative to encourage entrepreneurs.
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