US-China trade war escalates with new round of tit for tat tariffs, timeline from Trump's first term
Saturday, 5 April 2025 () The US-China trade war heats up with China retaliating against Trump's new 34% tariffs on all Chinese imports. Key countermeasures include export controls, WTO lawsuit, suspensions of US agricultural imports, and restrictions on US companies. This intensifies ongoing economic strain, resembling past tariff battles, affecting global supply chains and economic balances.
President Donald Trump has escalated his trade war, calling the European Union "pathetic" and slapping a massive 20% tariff on all imports from the bloc. Europe now joins China, Japan, Taiwan, and Korea in what Trump calls the US "trade sin bin." With the highest US trade barriers since the Great...
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