US-China trade war

Trump pauses US tariffs on most nations for 90 days but raises levies on China to 125%

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Global stock markets have rebounded after US President Donald Trump ordered a 90-day pause on punitive levies aimed at most countries on April 9, 2025. But the White House singled out China by further raising tariffs on Chinese imports to 125 per cent. Speaking to reporters after the announcement, Trump said dozens of countries had asked him to make a deal, and he predicted Beijing would soon follow suit.
 

April 10, 2025
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