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Tag: retaliatory tariffs
    President Trump Threatens 50% Tariffs on China: Escalation in Trade Tensions

    President Trump Threatens 50% Tariffs on China: Escalation in Trade Tensions

    2025-04-07  Ravi Mehta
    In a bold move underscoring his administration’s “America First” trade agenda, President Donald Trump announced via social media on April 7th, 2025, that the U.S. will impose a staggering 50% tariff on Chinese goods unless Beijing reverses its recent 34% retaliatory tariffs. The ultimatum, framed as a response to China’s alleged “long-term trading abuses,”