In a significant escalation of the trade war, China has imposed tariffs of up to 15% on U.S. farm products and blacklisted over 20 American companies. This retaliation comes after Trump’s announcement of increased tariffs on Chinese goods.
President Trump has imposed new tariffs on imports from Canada and Mexico, doubling duties on Chinese goods. The move threatens to escalate trade conflicts, potentially disrupting billions in annual trade and sparking recession fears.
As President Trump announces new tariffs on Chinese goods, small business owner Logan Vanghele scrambles to prevent a costly shipment crisis. Will he dodge the $25,000 fee?
Donald Trump escalates trade tensions by proposing new tariffs on Chinese goods and a 25% tax on imports from Canada and Mexico, risking retaliation and shaking North American economic ties.