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In a swift and forceful escalation of the ongoing trade conflict, the Chinese government announced today that it will impose an additional 34% tariff on all U.S. goods, effective April 10, in direct retaliation to the latest round of sweeping tariffs implemented by President Donald Trump’s administration. The decision, confirmed by China’s Ministry of Commerce,…

In a dramatic turn that has sent shockwaves through global markets, President Donald Trump has escalated his trade offensive by imposing sweeping tariffs on all Chinese imports, triggering a retaliatory 34% tariff from Beijing and stirring fears of a full-blown global trade war. As uncertainty deepens, economists are warning of mounting risks to the U.S….