Overview

• US President Donald Trump is set to announce special tariffs on semiconductor imports, intensifying the trade conflict with China.
• The US currently imposes tariffs of up to 145% on Chinese goods, while China has retaliated with tariffs reaching 125% on US imports.
• China's exports have shown unexpected resilience, increasing by 12.4% in March despite the escalating trade war.
• Erratic US tariff policies, including temporary exemptions for electronics, have caused significant market volatility and shaken investor confidence.
• China continues to reduce reliance on US markets through diversified trade partnerships and strategic acquisitions, such as its recent purchase of Jack Wolfskin.