🇺🇸 U.S.–China Trade War Update – April 17, 2025
Tensions are rising as the U.S., under Donald Trump, raised tariffs on Chinese goods to 145%, while China retaliated with 125% tariffs on U.S. imports. Beijing also halted Boeing deliveries, impacting aerospace exports. The U.S. closed the de minimis tariff loophole, raising prices on cheap Chinese goods like those from Temu and Shein. Semiconductor firms like Nvidia and AMD face billions in losses due to chip export bans. The WTO cut its 2025 trade forecast from +3.0% to +0.2%, citing these tensions. Despite the escalation, China is open to trade talks—but warns it will “fight to the end” if pushed further. The global economy braces for ripple effects across retail, tech, and logistics sectors.
