The China Mail - China Strikes Back: Tariff War

USD -
AED 3.67306
AFN 68.693757
ALL 84.093675
AMD 383.609416
ANG 1.789699
AOA 917.000468
ARS 1363.506001
AUD 1.542995
AWG 1.8025
AZN 1.704511
BAM 1.688261
BBD 2.017186
BDT 121.789947
BGN 1.68972
BHD 0.377006
BIF 2978.583822
BMD 1
BND 1.286352
BOB 6.918608
BRL 5.5355
BSD 0.999072
BTN 87.532694
BWP 14.279179
BYN 3.277498
BYR 19600
BZD 2.006785
CAD 1.377799
CDF 2890.000288
CHF 0.808102
CLF 0.024677
CLP 968.069855
CNY 7.211802
CNH 7.181355
COP 4126.41
CRC 504.792856
CUC 1
CUP 26.5
CVE 95.181576
CZK 21.253698
DJF 177.907067
DKK 6.45279
DOP 60.122143
DZD 130.377891
EGP 48.4185
ERN 15
ETB 138.485157
EUR 0.86463
FJD 2.261497
FKP 0.753073
GBP 0.752515
GEL 2.697911
GGP 0.753073
GHS 10.490561
GIP 0.753073
GMD 72.498384
GNF 8665.740157
GTQ 7.666844
GYD 209.017066
HKD 7.85013
HNL 26.25273
HRK 6.513295
HTG 131.10339
HUF 344.3425
IDR 16372.2
ILS 3.409145
IMP 0.753073
INR 87.647501
IQD 1308.789572
IRR 42112.501804
ISK 123.63997
JEP 0.753073
JMD 159.857398
JOD 0.709002
JPY 147.378498
KES 129.079974
KGS 87.450172
KHR 4006.146037
KMF 427.500575
KPW 900
KRW 1383.629443
KWD 0.30558
KYD 0.832564
KZT 539.856277
LAK 21614.715962
LBP 89516.258513
LKR 300.567556
LRD 200.315934
LSL 17.997618
LTL 2.95274
LVL 0.60489
LYD 5.458061
MAD 9.061262
MDL 17.08374
MGA 4432.570546
MKD 53.113158
MMK 2099.091991
MNT 3591.910261
MOP 8.078241
MRU 39.815446
MUR 46.250114
MVR 15.389513
MWK 1732.371145
MXN 18.84904
MYR 4.237498
MZN 63.960173
NAD 17.997618
NGN 1523.460111
NIO 36.763214
NOK 10.267175
NPR 140.051965
NZD 1.689635
OMR 0.384473
PAB 0.999076
PEN 3.579376
PGK 4.209
PHP 57.324003
PKR 283.423725
PLN 3.69697
PYG 7483.145873
QAR 3.643858
RON 4.386903
RSD 101.284033
RUB 79.751691
RWF 1445.182007
SAR 3.75155
SBD 8.264604
SCR 14.687428
SDG 600.503695
SEK 9.666725
SGD 1.28759
SHP 0.785843
SLE 22.999891
SLL 20969.503947
SOS 571.78575
SRD 36.839881
STD 20697.981008
STN 21.148493
SVC 8.741702
SYP 13001.907548
SZL 17.997799
THB 32.413501
TJS 9.416213
TMT 3.51
TND 2.945609
TOP 2.342104
TRY 40.6766
TTD 6.771717
TWD 29.853797
TZS 2505.546019
UAH 41.729091
UGX 3575.405492
UYU 40.173677
UZS 12713.320155
VES 123.49336
VND 26195
VUV 120.586342
WST 2.775485
XAF 566.227006
XAG 0.026793
XAU 0.000297
XCD 2.70255
XCG 1.800557
XDR 0.704965
XOF 566.227006
XPF 102.946127
YER 240.601313
ZAR 18.02155
ZMK 9001.19985
ZMW 22.903485
ZWL 321.999592
  • RBGPF

    0.0600

    75

    +0.08%

  • CMSC

    0.0900

    22.96

    +0.39%

  • SCS

    5.8850

    16.065

    +36.63%

  • GSK

    -0.3550

    37.205

    -0.95%

  • RIO

    0.3400

    59.99

    +0.57%

  • NGG

    1.0600

    72.88

    +1.45%

  • AZN

    -0.3100

    73.64

    -0.42%

  • BTI

    1.4500

    55.8

    +2.6%

  • SCU

    0.0000

    12.72

    0%

  • RYCEF

    0.2900

    14.49

    +2%

  • RELX

    0.3400

    51.93

    +0.65%

  • BCC

    -0.2300

    83.12

    -0.28%

  • BCE

    -0.1550

    23.415

    -0.66%

  • BP

    0.4850

    32.235

    +1.5%

  • JRI

    0.0500

    13.15

    +0.38%

  • CMSD

    0.1290

    23.479

    +0.55%

  • VOD

    0.0850

    11.045

    +0.77%


China Strikes Back: Tariff War




The 45th and now 47th President of the United States, Donald Trump (78), who is increasingly distinguishing himself as an autocrat in his political actions, has triggered a new escalation in the trade war between the two economic powers with his announcement of high tariffs on imports from China.

In a bold and unyielding response to US President Donald Trump’s aggressive tariff policies, China has unleashed a powerful countermeasure: a hefty 34% tax on all US goods entering its borders. This sharp escalation in the trade conflict signals China’s readiness to play hardball, pushing back against Trump’s economic offensive with equal force. The move is poised to send shockwaves through the global economy, with far-reaching consequences for both nations.

The stakes are high. In the United States, the ripple effects of China’s retaliatory tariffs could soon be felt on store shelves, as imported goods become scarcer and more expensive. Empty shelves may become a stark reality for American consumers, putting Trump in an increasingly defensive position. His tariff strategy, once wielded as a hammer to reshape global trade, now faces a formidable counterstrike that threatens to undermine its effectiveness.

Beyond the immediate impact, the broader outlook is grim. Experts caution that this tit-for-tat trade war could tip the world into a global recession, with economic damage rippling across continents. Businesses on both sides are bracing for uncertainty, as supply chains falter and costs rise. For China, the tariffs are a calculated gambit—a show of strength meant to protect its economic interests while challenging Trump’s dominance in this high-stakes showdown.

As the trade war intensifies, the world watches closely. China’s hardline stance marks a pivotal moment, one that could redefine the economic landscape for years to come.