Trump Makes U-Turn With 90-Day Pause On Reciprocal Tariffs, Doubles Down On China For Retaliation
Wednesday, 9 April 2025 In a sharp escalation targeting Beijing, tariffs on Chinese imports have been raised to 125%, up from the 104% rate imposed overnight, following China’s retaliatory tariff of 84%, announced President Donald Trump.
President Donald Trump has declared a 90-day pause on all new "reciprocal" tariffs, excluding China, which now faces a 125% levy. The decision triggered a massive rally on Wall Street, with the S&P 500 seeing its best day since 2008. Trump emphasized the need to avoid hurting friendly nations....
Trump unleashed a scathing attack on China, Ukraine, and the Houthis, with prominent figures like Elon Musk, Tulsi Gabbard, and Pete Hegseth in attendance. As tensions escalate globally, Trump didn’t..
US economy has contracted for the first time in three years, raising alarms over a potential recession. This downturn is being linked to the abrupt economic policies enacted during Trump's tenure,..
Trump declared that his tariffs are having a devastating impact on China’s economy, claiming that factories are shutting down and cargo ships are "turning back." Speaking with visible satisfaction,..
India aims to accelerate trade agreement talks with the US after a temporary pause on reciprocal tariffs, while the US increases duties on China. India was among... IndiaTimes
China urges the US to completely eliminate reciprocal tariffs imposed during the Trump administration, which have escalated to 145%. Describing the recent tariff... IndiaTimes
Wednesday, 9 April 2025
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