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Trump tariffs live: US markets open higher, China vows ‘fight to the end’

Could US tariffs cause lasting damage to the global economy?

Published On 8 Apr 20258 Apr 2025

Markets in the United States open higher, recovering some of their heavy losses after President Donald Trump announced sweeping tariffs.

China has pledged to “fight to the end” if there is a trade war after Trump threatened to further increase tariffs if Beijing does not withdraw retaliatory levies of 34 percent on US goods.