The White House has confirmed that the total tariffs imposed by the United States on Chinese imports have surged to 145%. This increase includes a 125% "reciprocal" tariff and an additional 20% penalty related to China's alleged role in the U.S. fentanyl crisis. The move marks a significant escalation in trade tensions between the two economic giants and has sparked concern among global markets and policymakers. In response, China has retaliated with its own 84% tariffs on U.S. goods and imposed restrictions on 18 American companies.
The escalation has drawn criticism from several quarters, including former U.S. Treasury Secretary Janet Yellen, who labeled the tariff strategy as the "worst self-inflicted wound" by any successful economy. Economists warn that the growing trade war could severely impact global supply chains, trade flows, and market stability. The World Trade Organization has even cautioned that continued conflict may reduce U.S.-China trade by up to 80%. Meanwhile, stock markets have experienced sharp swings, with initial optimism fading quickly as investors digested the full scope of the tariff hikes.
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We do not own the rights to this video and photo used in this reel and post. All credit goes to the original creator. This video is shared for informational purposes only. If you are the owner and wish to discuss this content, please DM or email us.
FAIR USE: Copyright disclaimer under section 107 of the copyright act 1976. Allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship infringing." We do not own all the material.
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#worldnews
#worldinlast24hr
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#trending
#USTariffs #ChinaTrade #TradeWar2025 #GlobalEconomy #StockMarketNews #TariffTensions #FentanylCrisis #WTOWarning
The escalation has drawn criticism from several quarters, including former U.S. Treasury Secretary Janet Yellen, who labeled the tariff strategy as the "worst self-inflicted wound" by any successful economy. Economists warn that the growing trade war could severely impact global supply chains, trade flows, and market stability. The World Trade Organization has even cautioned that continued conflict may reduce U.S.-China trade by up to 80%. Meanwhile, stock markets have experienced sharp swings, with initial optimism fading quickly as investors digested the full scope of the tariff hikes.
Disclaimer: NO COPYRIGHT INFRINGEMENT INTENDED!
We do not own the rights to this video and photo used in this reel and post. All credit goes to the original creator. This video is shared for informational purposes only. If you are the owner and wish to discuss this content, please DM or email us.
FAIR USE: Copyright disclaimer under section 107 of the copyright act 1976. Allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship infringing." We do not own all the material.
.
.
.
#news
#worldnews
#worldinlast24hr
#explore
#explorepage
#trending
#USTariffs #ChinaTrade #TradeWar2025 #GlobalEconomy #StockMarketNews #TariffTensions #FentanylCrisis #WTOWarning
The White House has confirmed that the total tariffs imposed by the United States on Chinese imports have surged to 145%. This increase includes a 125% "reciprocal" tariff and an additional 20% penalty related to China's alleged role in the U.S. fentanyl crisis. The move marks a significant escalation in trade tensions between the two economic giants and has sparked concern among global markets and policymakers. In response, China has retaliated with its own 84% tariffs on U.S. goods and imposed restrictions on 18 American companies.
The escalation has drawn criticism from several quarters, including former U.S. Treasury Secretary Janet Yellen, who labeled the tariff strategy as the "worst self-inflicted wound" by any successful economy. Economists warn that the growing trade war could severely impact global supply chains, trade flows, and market stability. The World Trade Organization has even cautioned that continued conflict may reduce U.S.-China trade by up to 80%. Meanwhile, stock markets have experienced sharp swings, with initial optimism fading quickly as investors digested the full scope of the tariff hikes.
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Disclaimer: NO COPYRIGHT INFRINGEMENT INTENDED!
We do not own the rights to this video and photo used in this reel and post. All credit goes to the original creator. This video is shared for informational purposes only. If you are the owner and wish to discuss this content, please DM or email us.
FAIR USE: Copyright disclaimer under section 107 of the copyright act 1976. Allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship infringing." We do not own all the material.
.
.
.
#news
#worldnews
#worldinlast24hr
#explore
#explorepage
#trending
#USTariffs #ChinaTrade #TradeWar2025 #GlobalEconomy #StockMarketNews #TariffTensions #FentanylCrisis #WTOWarning
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