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China Prepares to Endure a Trade War

  • On April 8, 2025, the U.S. And China engaged in escalating trade tensions, marked by tariff impositions and retaliatory measures.
  • These tensions arose because Trump aimed to balance trade with China via tariffs, after an initial 34% tariff was placed.
  • The U.S. Imposed tariffs on various imports, prompting China to pledge reciprocal duties and prepare countermeasures.
  • Trump threatened a 50% tariff increase, adding to the existing tariffs that already totaled over 100%, as stated by the White House.
  • China is now focused on domestic consumption and aiding tariff-hit industries, aiming for economic resilience during this conflict.
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AgFunderNews broke the news in on Monday, April 7, 2025.
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