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Tariff Tsunami: How could Donald Trump's reciprocal tariff policy trigger world recession, hit US economy hard?

DNA Friday, 4 April 2025
While the US exports goods worth $3,191.6 billion, it imports products worth $4,110 billion, absorbing a trade deficit of $918.40 billion in 2024. It was 1975 when the US earned an overall trade surplus.
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News video: China Slams US Tariffs as 'Economic Bullying,' Warns of Global Instability Amid Escalating Trade War

China Slams US Tariffs as 'Economic Bullying,' Warns of Global Instability Amid Escalating Trade War 03:32

 China has blasted the United States for imposing new 34% tariffs, calling the move "economic bullying" and a threat to global stability. Beijing warns that the escalating tariff war may disrupt supply chains, hike consumer prices, and even spark a global recession. In response, China will impose a...

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