President Donald Trump has announced new tariffs of up to 145% on select Chinese imports, intensifying trade tensions and drawing swift retaliation from Beijing.
NEWSWEEK
President Donald Trump has escalated his administration’s trade conflict with China by announcing new tariffs of up to 145% on specific Chinese imports. The decision marks a significant intensification of the U.S.-China trade war, prompting immediate retaliatory measures from Beijing. China responded with tariffs on American goods, raising fears of further economic instability and disruption in global markets.
In defending the move, Trump said the tariffs are a necessary response to what he described as “unfair trade practices” by China. “We’re protecting American jobs and industries,” he said, emphasizing the need for economic self-reliance.
Analysts warn that the continued escalation between the world’s two largest economies could lead to broader global repercussions, including rising costs for consumers and strained diplomatic relations. The World Trade Organization and other international bodies have urged both nations to seek dialogue and avoid prolonged economic confrontation. As the tariff battle continues, business leaders and global markets remain on edge.