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Microsoft valuation surges above $4 trillion as AI lifts stocks
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Squiban solos to Tour de France stage win, Le Court maintains lead
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Max Verstappen confirms he is staying at Red Bull next year
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Mitchell keeps New Zealand on top against Zimbabwe
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French cities impose curfews for teens to curb crime
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Seals sing 'otherworldly' songs structured like nursery rhymes
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India captain Gill run out in sight of Gavaskar record
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Trump's global trade policy faces test, hours from tariff deadline
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Study reveals potato's secret tomato heritage
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Wirtz said I would 'enjoy' Bayern move, says Diaz
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West Ham's Paqueta cleared of betting charges
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Magic Marchand adds gold to world record as McIntosh wins again
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Sleepless in Singapore: Marchand wins gold, day after world record
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England make early double strike in India series decider
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Popovici wins 100m freestyle world gold for sprint double
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Marchand wins 200m medley gold, day after world record
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Thousands of Afghans scramble for chance to work in Qatar
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Trump's envoy arrives in Israel as Gaza criticism mounts
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McIntosh powers to third gold of worlds, 12-year-old Yu fourth
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Hong Kong sees 3.1% growth in second quarter
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Stocks, dollar mixed tracking Fed, tariffs, results
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World Athletics brings in gene tests for female category eligibility
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Trump says tariffs are making US 'great & rich' again
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Pakistan opposition leader given 10 years for Imran Khan protests
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India's Bumrah out of Oval finale as England bowl in fifth Test
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Rights groups urge Nepal to reverse Telegram ban
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BMW says can weather tariff storm despite profit plunge
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Zelensky urges allies to push for 'regime change' in Russia
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Renault profits slump as competition intensifies
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Macau ex-lawmaker arrested in city's first national security law action
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Beijing officials admit 'gaps' in readiness after rain kill dozens
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Japan lifts tsunami advisory after Russia quake
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Shell net profit retreats on lower energy prices
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Unilever profit slides ahead of ice cream demerger
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Trump announces new tariffs as deadline nears
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US tariffs corrode steelmaker ArcelorMittal's profitability
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BMW profits slump on China woes, US tariffs
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Russia strikes kill six in Kyiv, Moscow says captured key town
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Firms in Vietnam walk tightrope as Trump's transshipping rule looms
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China summons chip giant Nvidia over alleged security risks
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Veteran White gets fairytale sendoff for 'deflated' Wallabies
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Trump gets his way on tariffs, but global trade system intact for now
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Myanmar junta ends state of emergency in election run-up
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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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