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Iran targets Mideast energy industry and US missions
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Rahm accuses DP World Tour of 'extorting players' with LIV deal
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Thousands of Afghans displaced by Pakistan conflict
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China, North Korea make winning starts at Women's Asian Cup
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Rahm accuses DP World Tour of 'exorting players' with LIV deal
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Drones hit US embassy as vengeful Iran targets Mideast cities
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Mideast war exposes fragile oil, gas dependency
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Beijing votes out three generals from political advisory body
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Trump hosts Germany's Merz for talks eclipsed by Mideast war
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China votes to oust three generals from political advisory body
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Myong hat-trick as North Korea cruise at Women's Asian Cup
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New Israel, Iran attacks across region: Latest developments in Middle East war
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China's overstretched healthcare looks to AI boom
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Oil extends gains and stocks drop as Iran conflict spreads
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Strait of Hormuz impasse squeezes world shipping
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Fresh Israel, Iran attacks across region: Latest developments in Middle East war
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Oscar-nominated Iranian doc offers different vision of leadership
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Oscar-nominated docs take on hot-button US social issues
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Trump warns of longer Iran war as Riyadh, Beirut hit
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Underground party scene: Israelis celebrate Purim in air raid shelters
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Flowers, music, and soldiers at funeral of drug lord
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Trump to attend White House Correspondents' dinner
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Trump warns of longer Iran war as violence spreads
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Energy infrastructure emerges as war target, lifting prices
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Trump warns of longer Iran war, Rubio points at Israel
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US urges to 'depart now' from Middle East: Latest developments in Iran war
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Ecuador launches joint anti-drug operations with US
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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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