Trump Escalates Trade War with 100% Tariff on China
World NewsTrumpUpdated a day ago

Trump Escalates Trade War with 100% Tariff on China

President Trump has announced a 100% tariff on Chinese imports in response to China's restrictions on rare earth exports, significantly escalating trade tensions. This decision has already caused turmoil in global markets, with concerns over rising consumer prices and potential retaliatory measures from China. The announcement casts doubt on upcoming diplomatic talks with Xi Jinping, highlighting the fragile state of US-China relations and its implications for the global economy.

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