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Swiss inferno bar owner detained for three months
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Heathrow airport sees record high annual passenger numbers
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Georgia jails ex-PM for five years amid ruling party oustings
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Kyiv buries medic killed in Russian drone strike
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Israel revokes French researcher's travel permit
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India and Germany seek to boost defence industry ties
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French coach and football pundit Rolland Courbis dies at 72
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UK regulator opens probe into X over sexualised AI imagery
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AFCON organisers investigate incidents after Algeria-Nigeria clash
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US Fed chief warns of 'intimidation' after criminal subpoenas
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Gold hits record high, dollar falls as US targets Fed
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Iran says 'prepared for war' as alarm grows over protest toll
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India and Germany eye defence industry boost to ties
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US prosecutors open criminal probe into Federal Reserve
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'Genius' chimpanzee Ai dies in Japan at 49
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Trump says US will take Greenland 'one way or the other'
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Asian equities, precious metals surge as US Justice Dept targets Fed
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Myanmar pro-military party claims Suu Kyi's seat in junta-run poll
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Fed chair Powell says targeted by federal probe
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Trailblazing Milos Raonic retires from tennis
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Australia recalls parliament early to pass hate speech, gun laws
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Japan aims to dig deep-sea rare earths to reduce China dependence
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NBA-best Thunder beat the Heat as T-Wolves edge Spurs
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Trump says working well with Venezuela's new leaders, open to meeting
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Hong Kong court hears sentencing arguments for Jimmy Lai
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Golden Globes kick off with 'One Battle' among favorites
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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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