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International Business Times
International Business Times
Business

Trump Tells US To 'Be Cool' As China, EU Strike Back

Donald Trump United States China European Union The United States Scott Bessent Beijing the European Union America
Dozens of countries were hit with steep new tariffs (Credit: AFP)

US President Donald Trump brushed off global market panic Wednesday after China and the European Union announced retaliatory tariffs, telling Americans to stay "cool" despite his spiraling trade war.

Trump dug in after superpower rival Beijing slapped massive 84 percent levies on US goods, just hours after his latest salvo of tariffs took effect on dozens of trading partners around the world.

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