The U.S.–China economic war escalates as Beijing hits American goods with a 34% tariff. President Donald Trump swiftly retaliated, slamming China for “panicking” and announcing harsher tariffs under his principle of reciprocity. China responded by restricting exports of rare earth materials critical for tech industries and imposing controls on 27 U.S. firms. The trade battle now stretches into the WTO and beyond, with both nations hardening their stances. The global economy braces for impact as the two superpowers clash in an escalating tariff and tech war.
#TrumpTariffs #ChinaTradeWar #USChinaTensions #TariffBattle #TradeWar2025 #TrumpSpeaks #ChinaRetaliates #RareEarths #TechWar #GlobalEconomy #TrumpVsXi #WTO #USChinaRelations #Geopolitics #TradeConflict #TrumpTruthSocial #EconomicShowdown #ReciprocityTariffs #ChinaSanctions #USExports
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#TrumpTariffs #ChinaTradeWar #USChinaTensions #TariffBattle #TradeWar2025 #TrumpSpeaks #ChinaRetaliates #RareEarths #TechWar #GlobalEconomy #TrumpVsXi #WTO #USChinaRelations #Geopolitics #TradeConflict #TrumpTruthSocial #EconomicShowdown #ReciprocityTariffs #ChinaSanctions #USExports
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NewsTranscript
02:00China, first row, China, 67 percent.
02:08That's tariffs charged to the USA, including currency manipulation and trade barriers.
02:15So 67 percent, I think you can, for the most part, see it.
02:19Those with good eyes, with bad eyes.
02:21We didn't want to bring the — it's very windy out here — we didn't want to bring
02:24out the big charts because it had no chance of standing.
02:27Fortunately, we came armed with a little smaller chart.
02:31So it's 67 percent.
02:33So we're going to be charging a discounted reciprocal tariff of 34 percent.
02:37I think, in other words, they charge us, we charge them, we charge them less.
02:41So how can anybody be upset?
02:44They will be because we never charge anybody anything.
02:46But now we're going to charge.
03:57Don't miss out.
04:21Log on to OneIndia.com for more updates.