Trump Adjusts Tech Tariffs to 20% as U.S.-China Trade Tensions Persist

Recent policy shifts reduce U.S. tariffs on key tech products while Chinese tariffs on American goods remain at 125%, signaling ongoing economic friction.

• The U.S. has revised its tariff policy, lowering the rate on smartphones and computers from 145% to 20%, a temporary measure as further sector-specific tariffs are being considered.
• China has maintained its retaliatory stance, raising tariffs on American imports to 125%, impacting industries such as agriculture and energy.
• The trade conflict continues to disrupt global supply chains, with the Chinese government suspending exports of critical rare earth minerals used in technology and defense manufacturing.
• President Trump has expressed optimism about reaching a trade agreement with China, despite escalating tensions and market volatility.
• The Chinese Ministry of Commerce has described the U.S. tariff adjustment as a 'small step' and urged a complete rollback of reciprocal tariffs to stabilize trade relations.

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