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U.S.-China Trade War Escalates as Tariff Policies Shift

The U.S. enforces 145% tariffs on Chinese imports while exempting tech products, as China retaliates with 125% tariffs on American goods.

  • The U.S. has imposed 145% tariffs on Chinese imports, the highest level yet, intensifying the trade conflict.
  • China retaliated with 125% tariffs on American goods, further straining economic relations between the two nations.
  • The Trump administration exempted smartphones, computers, and key tech components from U.S. tariffs, alleviating potential consumer price hikes.
  • Global financial markets remain volatile, with significant fluctuations driven by the unpredictable tariff announcements.
  • The 90-day suspension of tariffs for most U.S. trade partners, excluding China, signals a potential opening for future negotiations.
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