Reported 9 days ago
President Trump announced a significant increase in tariffs on China to 125%, while pausing reciprocal tariffs on other countries for 90 days as retaliatory measures were announced by China and the EU. This escalation adds pressure to the ongoing trade conflict between the US and its major trading partners, prompting mixed reactions from markets and business leaders. The potential economic impact and the details of forthcoming negotiations remain uncertain as global leaders await clarity on trade policies.
Source: YAHOO