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US EPA issues waiver for E15 fuel to address oil supply issues
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Grieving families hail court victory against Instagram, YouTube
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Internet providers not liable for music piracy by users: top US court
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Gaza civil defence says Israeli strike kills one, tents on fire
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UK govt denies cover-up after PM ex-aide's phone stolen
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California jury finds Meta, YouTube liable in social media addiction trial
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Oil prices slip, stocks rally on Mideast peace hopes
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South Africa police clash with anti-immigrant protesters
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Gattuso says Italy's World Cup play-off 'biggest match' of career
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Sakamoto leads skating swansong with 'Time to Say Goodbye' at worlds
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Spanish PM says Middle East war 'far worse' than Iraq in 2003
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First Robot: Melania Trump brings droid to White House event
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AC Schnitzer: When Iconic Tuners Fall Silent
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Senegal lodge appeal to Court of Arbitration for Sport over AFCON final decision
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Study links major polluters to big climate damages bill
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US ski star Shiffrin wins overall World Cup title for sixth time
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Trump names tech titans to science advisory council
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Mideast war sparks long queues at Kinshasa petrol stations
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US TV star details 'agony' over mother's disappearance
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Tehran receives US plan to end Mideast war, as Iran fires at US carrier
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Aviation, tourism, agriculture... the economic sectors hit by the war
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Iran fires at US carrier as backchannel diplomacy aims to end war
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Salah's long goodbye brings curtain down on golden era for Liverpool
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Monaco: city of vice and a few virtues
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Defying Israeli bombs, Lebanese hold out in southern city of Tyre
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War-linked power crunch pushes Sri Lanka to four-day week
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Hungary says will phase out gas deliveries to Ukraine
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Oil prices tumble, stocks rally on Mideast peace hopes
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Maybach: Between Glory and a Turning Point
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German business morale falls as war puts recovery on ice: survey
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Labubu maker Pop Mart's shares fall 23% despite surging earnings
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ECB won't be 'paralysed' in face of energy shock: Lagarde
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Iran hits targets across Middle East after Trump signals talks progress
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McEvoy says best is to come after breaking long-standing swim record
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Goat vs gecko: A tiny Caribbean island faces wildlife showdown
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Japan PM asks IEA chief to prepare additional 'coordinated release' of oil
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Hungary's hard-pressed LGBTQ people say Orban exit is only half battle
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Belarus leader visits North Korea for first time
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Exotic pet trade thrives in China despite welfare concerns
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Iran fires missile salvo after Trump signals progress in talks
China Strikes Back: Tariff War
The 45th and now 47th President of the United States, Donald Trump (78), who is increasingly distinguishing himself as an autocrat in his political actions, has triggered a new escalation in the trade war between the two economic powers with his announcement of high tariffs on imports from China.
In a bold and unyielding response to US President Donald Trump’s aggressive tariff policies, China has unleashed a powerful countermeasure: a hefty 34% tax on all US goods entering its borders. This sharp escalation in the trade conflict signals China’s readiness to play hardball, pushing back against Trump’s economic offensive with equal force. The move is poised to send shockwaves through the global economy, with far-reaching consequences for both nations.
The stakes are high. In the United States, the ripple effects of China’s retaliatory tariffs could soon be felt on store shelves, as imported goods become scarcer and more expensive. Empty shelves may become a stark reality for American consumers, putting Trump in an increasingly defensive position. His tariff strategy, once wielded as a hammer to reshape global trade, now faces a formidable counterstrike that threatens to undermine its effectiveness.
Beyond the immediate impact, the broader outlook is grim. Experts caution that this tit-for-tat trade war could tip the world into a global recession, with economic damage rippling across continents. Businesses on both sides are bracing for uncertainty, as supply chains falter and costs rise. For China, the tariffs are a calculated gambit—a show of strength meant to protect its economic interests while challenging Trump’s dominance in this high-stakes showdown.
As the trade war intensifies, the world watches closely. China’s hardline stance marks a pivotal moment, one that could redefine the economic landscape for years to come.
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