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'Emotional' Yu, 12, celebrates historic world swimming medal
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Stocks struggle as Trump's new tariff sweep offsets earnings
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El Salvador parliament adopts reform to allow Bukele to run indefinitely
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What are all these microplastics doing to our brains?
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After stadium delays, African Nations Championship kicks off
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US tech titan earnings rise on AI as economy roils
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Nvidia says no 'backdoors' in chips as China questions security
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Wallabies' Tizzano absent from third Lions Test after online abuse
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Famed union leader Dolores Huerta urges US to mobilize against Trump
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Richardson, Lyles ease through 100m heats at US trials
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Correa returning to Astros in blockbuster MLB trade from Twins
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Trump orders tariffs on dozens of countries in push to reshape global trade
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Trump to build huge $200mn ballroom at White House
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Heathrow unveils £49 bn expansion plan for third runway
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'Peaky Blinders' creator to pen new James Bond movie: studio
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Amazon profits surge 35% but forecast sinks share price
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Gas workers uncover 1,000-year-old mummy in Peru
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Brazil vows to fight Trump tariff 'injustice'
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Michelsen stuns Musetti as Ruud rallies in Toronto
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Oscars group picks 'A Star is Born' producer as new president
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Global stocks mostly fall ahead of big Trump tariff deadline
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Apple profit beats forecasts on strong iPhone sales
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Michelsen stuns Musetti at ATP Toronto Masters
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Peru's president rejects court order on police amnesty
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Google must open Android to rival app stores: US court
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Amazon profits surge 35% as AI investments drive growth
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Zelensky urges allies to seek 'regime change' in Russia
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Trump envoy to inspect Gaza aid as pressure mounts on Israel
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US theater and opera legend Robert Wilson dead at 83
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EA shooter 'Battlefield 6' to appear in October
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Heavyweight shooter 'Battlefield 6' to appear in October
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Justin Timberlake says he has Lyme disease
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Atkinson and Tongue strike as India struggle in England decider
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US theater and opera auteur Bob Wilson dead at 83
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Trump envoy to visit Gaza as pressure mounts on Israel
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Microsoft valuation surges above $4 trillion as AI lifts stocks
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Study reveals potato's secret tomato past
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Trump's envoy in Israel as Gaza criticism mounts
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Squiban solos to Tour de France stage win, Le Court maintains lead
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Max Verstappen confirms he is staying at Red Bull next year
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Mitchell keeps New Zealand on top against Zimbabwe
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French cities impose curfews for teens to curb crime
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BTI | 0.97% | 53.68 | $ |
China Strikes Back: Tariff War
The 45th and now 47th President of the United States, Donald Trump (78), who is increasingly distinguishing himself as an autocrat in his political actions, has triggered a new escalation in the trade war between the two economic powers with his announcement of high tariffs on imports from China.
In a bold and unyielding response to US President Donald Trump’s aggressive tariff policies, China has unleashed a powerful countermeasure: a hefty 34% tax on all US goods entering its borders. This sharp escalation in the trade conflict signals China’s readiness to play hardball, pushing back against Trump’s economic offensive with equal force. The move is poised to send shockwaves through the global economy, with far-reaching consequences for both nations.
The stakes are high. In the United States, the ripple effects of China’s retaliatory tariffs could soon be felt on store shelves, as imported goods become scarcer and more expensive. Empty shelves may become a stark reality for American consumers, putting Trump in an increasingly defensive position. His tariff strategy, once wielded as a hammer to reshape global trade, now faces a formidable counterstrike that threatens to undermine its effectiveness.
Beyond the immediate impact, the broader outlook is grim. Experts caution that this tit-for-tat trade war could tip the world into a global recession, with economic damage rippling across continents. Businesses on both sides are bracing for uncertainty, as supply chains falter and costs rise. For China, the tariffs are a calculated gambit—a show of strength meant to protect its economic interests while challenging Trump’s dominance in this high-stakes showdown.
As the trade war intensifies, the world watches closely. China’s hardline stance marks a pivotal moment, one that could redefine the economic landscape for years to come.

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