China Escated The Ongoing Trade War with the United States By Announcing A Sharp Increase in Tariffs On Us Goods, Raising The Rate From 34% to 84%. This Move, Effective Thursday, April 10, 2025, Comes in Direct Retaliation to President Donald Trump’s Decision to Impose An Additional 50% Tariff on Chinese Imports, Bringing Total Us Tariffs on Chinese Goods to 104%.
The Chinese Ministry of Finance Justified the New Tariffs As a Response to What it stranded the “Repeated Mistakes” of the US, Accusing Washington of Undermining China’s legitimate rigts and global trade norms.
In Addition to The Tariff Hike, China Added 12 US FIRMS TO ITS EXPORT CONTROL LIST AND LABELLED SIX MORE COMPANIES AS “Untrustworthy Entities”Targeting Sectors Like Aeronautics, Radar Systems, and Military Equipment. The Measures aim to Restrict the Exchange of Dual-Use Civilian and Military Technologies.
President Trump Dismisssed China’s Actions, Reiteating That Beijing “Apeatly” Wants A Deal But has yet to approach negotiations. Meanwhile, China Vowed to “Fight to the Bitter End,” Asserting its Readiness To Counter Any Further Economic Restrictions Impaed By The US
The climing trade war has raised concerts about Global Economic Stability, with experts Warning of potential inflationary pressures and disruptions in supply chains. Both Nations Remain Locked in A High-Stakes Standoff, With No IMMEDIATE RESOLUTION IN SIGHT.
