Donald Trump raised tariffs on Chinese imports to 125% on April 9, 2025
April 10, 2025
By Lila Verma
This is a major escalation in the U.S.-China trade war during his second term.
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China retaliated with an 84% tariff on U.S. goods starting April 10.
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Trump called it a response to China’s "lack of respect" on Truth Social.
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Experts say it’ll hike prices of Chinese goods in the U.S., impacting consumers.
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Global markets saw volatility—U.S. indices soared, while Asian markets dropped.
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1. The trade war shows signs of dragging on, with deep economic consequences.
Image: Unsplash
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