Trump Escalates US-China Trade War with New Tariffs

The U.S.-China trade war has intensified, with President Trump imposing a 125% tariff on Chinese goods while granting a 90-day tariff pause to more than 75 allied countries. The Trump administration is also pressuring U.S. trading partners to isolate China by restricting Chinese shipping and business activity in exchange for reduced tariffs on their goods. China has responded by increasing its own tariffs on U.S. imports and plans to denounce U.S. 'bullying' and the weaponization of tariffs at an upcoming United Nations Security Council meeting, arguing that such actions undermine global economic stability. These escalating measures have led to growing concerns about the broader impact on the global economy, with warnings from international agencies that trade tensions may slow global growth.