China Fires Back at US with Tariffs in Escalating Trade War
2025-02-04
U.S. News & World Report
China's finance ministry has announced a package of tariffs on US products, retaliating against the 10% tariff on Chinese imports imposed by President Donald Trump. The move marks a significant escalation in the trade war between the two nations, with China's tariffs targeting a range of American goods. As the trade tensions continue to rise, the global economy is bracing for potential impact. The US-China trade war is likely to have far-reaching consequences, including increased costs for consumers and businesses. With trade policy and international trade relations at the forefront, the situation remains highly volatile.
