Overview

• The tariff conflict between the US and China has reached unprecedented levels, with the US imposing 145% tariffs on Chinese imports and China responding with 125% tariffs on American goods.
• President Trump implemented a 90-day pause on new tariffs for most countries but intensified measures against China, creating internal dissent within his party and market instability.
• Economists warn that the escalating tariffs could disrupt global supply chains, raise consumer prices, and risk a broader economic crisis.
• China is leveraging the dispute to strengthen ties with the EU, with President Xi Jinping calling for joint efforts to counter unilateral US trade policies.
• The European Union is exploring diplomatic solutions, while experts highlight the potential for long-term shifts in global trade alliances and economic strategies.