Two reports detail China’s decisive response amid escalating trade tensions. In reaction to US tariffs—widely publicized following Trump’s “Liberation Day”—China has levied a 34% duty on all US imports, triggering declines in markets and heightening geopolitical friction. The articles emphasize Beijing’s view of the tariffs as unilateral bullying and highlight the broader impact on global trade dynamics.
Trump accused China of mishandling its tariffs. Beijing hit back with 34% duties on US imports, forcing China to choose: concede, devalue the yuan, or launch huge fiscal stimulus, while markets reacted negatively amid escalating trade tensions.
China retaliated on Trump's tariffs by imposing a 34% tariff on all US goods starting April 10, intensifying tensions. Markets reacted with falling equity futures, a spiking VIX, and declines in crypto, the dollar, and the yuan.
China's 34% tariffs on US goods sparked global market chaos—sharp selloffs, plummeting asset prices, and soaring volatility. Investors now fear an escalating trade war could trigger a US recession, prompting expectations of aggressive Fed rate cuts.
Trump announced new tariffs on Liberation Day a few days ago, and nobody is happy. The markets lost billions as soon as he announced a … The post China slams Trump’s tariffs with AI-generated videos (and relatiatory tariffs) appeared first on BGR.
China retaliates to Trump's new tariffs by imposing a matching 34% charge on US goods and barring 11 US companies, escalating the trade dispute.
China’s Ministry of Commerce condemned the tariffs, calling them a threat to global trade.
China retaliated by imposing a 34% tariff on all U.S. imports starting April 10, escalating the trade war. U.S. markets fell as equities, crypto, and the dollar declined, with Beijing denouncing the tariffs as unilateral bullying.
China has imposed a 34% tariff on US goods shipped to China, mirroring the 34% charge the US placed on Chinese imports.
8 stories from sources in 54.2 hour(s) #ai #cryptocurrency #tech-policy #china
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