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Edition from 2025-04-08, 11 PM UTC

Trump’s Tariffs: China Fights Back … Reshaping Global Trade

In a stunning escalation, President Trump’s new tariff regime has provoked a fierce rebuttal from China. Markets are reeling as import numbers plummet and global trade dynamics shift. Analysts warn that these unprecedented tariffs, now set at 104% for Chinese goods, could trigger a domino effect across industries. The policy action, underscored by hard-hitting rhetoric, signals a radical repositioning in U.S. economic strategy. Immediate impacts are visible in reduced auto imports and volatile market futures, further fueling investor uncertainty.

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Number 104% - New China tariff rate announced

Quote ‘Navarro is truly a moron’ — Elon Musk

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