Reported about 12 hours ago
President Trump has threatened to impose additional tariffs on China, escalating tensions in global trade and causing volatility in the stock market. He announced a new 50% tariff on China if they do not retract recent tariff increases by April 8, 2025. As the U.S. begins to implement a blanket 10% tariff on imports from various countries, reactions are mixed, with some nations imposing counter-tariffs, leading to concerns about economic impacts and negotiations for fair trade deals.
Source: YAHOO