Breaking: US-China Tariff War Deepens as Trump Pushes 50% Duties, Global Markets Shaken | ABP NEWS

The ongoing tariff war between the U.S. and China has escalated further, with both global powers locking horns in a cycle of retaliatory trade measures. It began with the U.S. announcing new tariffs on Chinese imports, prompting an immediate response from China imposing duties on American goods. In retaliation, former U.S. President Donald Trump threatened to raise tariffs on Chinese products up to 50%, branding it a necessary "bitter pill" to protect American interests. However, this economic aggression is being seen by China as provocation. As global markets remain volatile, business leaders like Elon Musk have appealed to Trump to reconsider, citing major losses. Despite pleas, Trump remains firm under his “Make America Great Again” policy, calling for reciprocal taxes that match those imposed by other nations. With the new tariff plan set to begin April 9, fears of a full-blown global trade war are resurfacing.

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