The trade war between the U.S. and China has entered a new era of tension after President Donald Trump announced a shocking 104% tariff on all Chinese imports, effective April 8. This historic hike follows China’s retaliatory tariffs and Trump’s accusations of unfair trade practices.
The White House says the move is designed to protect American workers and send a clear message to Beijing. Trump has also halted ongoing trade talks with China and threatened even steeper tariffs if retaliation continues.
UN Secretary-General António Guterres has warned of serious consequences, especially for poorer nations caught in the economic crossfire. Meanwhile, global markets are bracing for the fallout of this aggressive escalation, as trade relations teeter on the edge.
The world watches closely — is this a turning point or a tipping point?