Tuesday, April 29, 2025
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Trump Escalates Trade War: Total Tariffs on China to Hit 104%

President Donald Trump has intensified the U.S.-China trade conflict by announcing a new 50% tariff on Chinese imports, unless Beijing retracts its recently imposed 34% tariffs on American goods. If implemented, the total U.S. tariff burden on Chinese products could reach an unprecedented 104%, marking one of the most aggressive economic moves in recent history.

The White House justified the escalation as a necessary response to what it called “unfair and retaliatory actions” by China. Trump warned that unless China backs down by April 8, the new tariffs will take effect immediately.

China responded with strong rhetoric, vowing to “fight to the end” and pledging additional countermeasures. The Chinese Ministry of Commerce condemned the U.S. decision as a “serious violation of global trade norms” and reaffirmed its commitment to protect the nation’s economic interests.

Economists are raising alarms over the potential fallout from this escalation. Analysts warn that such steep tariffs could drive up consumer prices in the U.S., disrupt supply chains, and slow down economic growth in both countries. Some experts fear this could reignite inflationary pressures just as global markets were beginning to stabilize.

Financial markets reacted swiftly, with major indices in the U.S., Europe, and Asia falling sharply. Investors are concerned about the long-term impact of the trade war on global commerce and the possibility of a broader economic downturn.

As tensions mount, there is increasing pressure on both Washington and Beijing to return to the negotiating table. Without a diplomatic breakthrough, the world’s two largest economies risk plunging further into a trade conflict that could have lasting global consequences.

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