12/10/2025
TRADE WAR ESCALATES: US IMPOSES 100% TARIFF ON CHINESE GOODS
The United States has announced a 100% tariff on all Chinese imports, citing unfair trade practices and security concerns. The move is expected to hit industries from electronics to autos, raising prices and disrupting supply chains. China condemned the decision, promising retaliation. Economists warn the escalation could spark market instability and slow global growth, though Washington says it protects American jobs.