#USChinaTensions

Preceding in April 2025, with the United States imposing tariffs reaching 145% on Chinese imports, China responded by raising tariffs to 125% on American goods. This escalation led to a sharp decline in U.S. stock markets, with the S&P 500 index losing about 10% of its value and the market losing around 4 trillion dollars. The World Trade Organization warned that trade between the two countries could drop by up to 80%, threatening global supply chains and raising prices of commodities. In contrast, the Chinese economy recorded a growth of 5.4%, with Beijing aiming to strengthen its partnerships in Asia and reduce reliance on American oil.