Brief by Shorts91NewsDesk / 02:54am on 10 Apr 2025,Thursday Business
On April 9, 2025, U.S. President Donald Trump introduced a sweeping 125% tariff on all Chinese imports while suspending tariffs for most other nations for 90 days. The move escalated trade tensions with China, which swiftly responded with an 84% tariff on American goods. The White House issued a stern warning to global partners: “DO NOT RETALIATE AND YOU WILL BE REWARDED,” signaling a high-stakes economic standoff. China’s Commerce Minister condemned the U.S. actions as a severe violation of global trade norms, emphasizing that a trade war benefits no one. (PC: NDTV)
