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Trump vows his policies will 'never change' after China retaliates with tariffs

  • China will impose a 34 percent tariff on U.S. Imports starting April 10, 2025, as part of their trade response.
  • President Donald Trump stated that China 'panicked' and termed their response a 'mistake', while brushing off stock market concerns.
  • JP Morgan raised the chances of a global recession from 40 percent to 60 percent, noting the significant market losses amid trade tensions.
  • Economic analysts describe the tariffs as 'crippling', and there are worries about the uncertain market environment affecting hiring.
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iNews broke the news in London, United Kingdom on Friday, April 4, 2025.
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