Connect with us

Hi, what are you looking for?

Global Trade War

US-China trade war escalates as Trump slaps 245% tariffs on Chinese imports

The United States has significantly intensified its trade dispute with China, as President Donald Trump signed an executive order imposing tariffs of up to 245% on Chinese imports.

The decision, announced by the White House, is described as a countermeasure to what it called Beijing’s refusal to engage in meaningful trade dialogue and its continued retaliatory actions. “China left us no choice,” the statement asserted, adding that the new tariffs are intended to shield U.S. industries, safeguard national security, and protect technological advancements.

The comprehensive tariff order is structured around three key elements: a 125% bilateral tariff on Chinese imports, a 20% tariff specifically aimed at addressing the fentanyl crisis, and additional duties ranging from 7.5% to 100% under Section 301, targeting specific sectors and products.

Furthermore, Trump has removed previous exemptions on steel and aluminum imports, reinstating a flat 25% tariff on these materials. According to the administration, these steps are part of a broader plan to end “unfair and non-reciprocal trade arrangements” and realign trade policies with U.S. economic interests.

Alongside the tariff order, a presidential memorandum has been signed addressing broader concerns including digital service taxes, foreign-imposed penalties, and other measures perceived as discriminatory against American companies. These actions are being framed as critical steps to defend U.S. innovation and competitiveness on the global stage.

While 75 countries have reportedly entered discussions with Washington over the evolving tariff regime, China has so far refrained from participating in talks, making it an outlier among global trading partners.

However, economists and trade analysts caution that such sweeping tariffs could result in substantial economic consequences, including increased consumer prices, strained global trade partnerships, and potential disruptions to international supply chains.

Written By

Latest Updates

The Punjab Transport Department has finalized the feasibility study for Lahore’s Yellow Line Electric Transit Project, a major step toward providing affordable and environmentally...

Latest Updates

In a strong display of patriotism and unity, members of the Christian community held a rally in Hyderabad to honor the bravery of Squadron...

Pakistan-India tension

BrahMos Missile India’s National Radiological Safety Division has released a report confirming the destruction of a BrahMos missile depot in the Indian state of...

Exclusive

Several Chinese and Pakistani soldiers danced together to celebrate the victory of Pakistan against India in the recent war, which hardly lasted for three...