In a major escalation of his administration’s trade policy, President Donald Trump announced on Tuesday a dramatic increase in tariffs on Chinese imports, citing what he called China’s “lack of respect” for global markets. The president declared the new tariff rate would rise to 125%, effective immediately.
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“Based on the lack of respect that China has shown to the World’s Markets,” Trump announced on Truth Social, “I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately.”
The announcement came in a lengthy post shared directly by the president, signaling a sharp turn in U.S.-China trade relations and underscoring Trump’s determination to end what he has long described as decades of
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