Trade War Heats Up: U.S.-China Tariffs Hit New Highs 🔥
A fresh wave of tariffs is shaking up global markets as the U.S.-China trade war intensifies. According to the latest data:
U.S. Tariff Timeline 🇺🇸:
• Feb 1: 10% on all Chinese goods
• Feb 10: 25% on steel & aluminum
• Mar 3: Tariffs raised to 20%
• Mar 26: 25% added on cars & car parts
• Apr 2: Jumped to 54%
• Apr 8: Spiked to 104%
• Apr 9: Now a massive 145% total tariffs on Chinese imports
China’s Retaliation 🇨🇳:
• Feb 4: 10% on U.S. natural gas, coal & farm machinery
• Mar 4: 10% on U.S. food & agricultural products
• Apr 4: Raised to 34%
• Apr 9: Now at 84% retaliatory tariffs
Key Insight:
Trump’s aggressive tariff escalations have prompted China to respond with equivalent levies, pushing the conflict into full-scale economic warfare. Both nations have ramped up duties in rapid succession — deeply impacting trade, markets, and investor confidence.
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