The Trump administration has activated a wide-reaching tariff campaign worldwide but paused key reciprocal tariffs until July 9 to allow space for negotiations with the EU and other regions. With only the UK deal finalized so far, all eyes are on whether deals with the EU, China, and Canada can be sealed in the next three weeks. US‑China Framework Takes Shape On June 10 in … Read More
US to Slap 104% Tariff on China After Deadline Expires
In a significant escalation of trade tensions, the United States has confirmed the implementation of a 104% tariff on Chinese imports, effective 12:01 a.m. ET on Wednesday. This move follows China’s refusal to withdraw its 34% retaliatory tariffs on American goods by President Trump’s Monday deadline. The White House emphasized that this action aims to address longstanding trade imbalances and unfair practices by China. White … Read More
U.S.-China Trade War: Redrawing the Global Economic Landscape
As the U.S.-China trade war heats up again, the world’s two largest economies are at a pivotal juncture. With the second Trump presidency and escalating tariffs, China’s economic strategies and its ambitions to become a high-tech powerhouse face renewed scrutiny. Trump’s Trade Agenda and Its Global Ripple Effect Donald Trump’s proposed tariff hikes, which could reach as high as 60% on Chinese goods, represent a … Read More