Trump slaps 145% tariffs on Chinese import

April 14, 2025 By Lila Verma

China hits back with 125% tariffs on US goods, effective April 11.

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Fox Bussiness: White House says no plans for Trump-Xi talks anytime soon.

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China bans rare earth mineral export.

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S&P 500 drops 3.5%, markets fear a looming recession.

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Economists warn: Inflation will spike, electronics prices to soar.

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$650 billion US-China trade now risks becoming "unfeasible".

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