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Tariff war: Trump escalates, Xi digs in — who will blink first?

IndiaTimes Tuesday, 8 April 2025
As trade tensions escalate, President Xi Jinping adopts a confrontational stance against US tariffs, signaling readiness for a prolonged trade war. Beijing retaliates with duties and prepares for economic resilience, while Trump aims to address the trade deficit and appeal to voters. The global markets face turmoil, and analysts warn of potential economic fallout.
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