RawDiary

RawDiary Logo
Edition from 2025-04-04, 9 PM UTC

CHINA RETALIATES: 34% DUTY on American Goods Escalates Trade War

China has imposed a 34% tariff on all U.S. imports starting April 10, marking a bold countermeasure against Trump’s aggressive tariff policies. This escalates global trade tensions and heightens market uncertainties amid rising economic concerns.

**********************************************************************************************************************************************************************************************************************************

24 Hours US and global markets are reeling amid escalating trade war tensions. Trump’s administration pushes aggressive tariffs with bold claims of rejuvenating American manufacturing, but critics slam the plan as miscalculated. China retaliates by slapping a 34% tariff on all US goods, deepening global economic uncertainty. Federal Reserve officials warn of rising inflation and slower growth, while stock markets tumble and investors panic. Amid legal challenges and political infighting, key lawmakers and international leaders call for dialogue and reform. The economy shows resilience with strong job growth, yet fears persist of long-term damage. Global tensions surge amid urgent calls for resolution.

Number 34% - Retaliatory tariff rate imposed by China

Quote China played it wrong... the one thing they cannot afford to do. — Donald Trump

**********************************************************************************************************************************************************************************************************************************
**********************************************************************************************************************************************************************************************************************************
TOPICS
→ Submit News | RSS