Baller Alert
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
Baller Alert
No Result
View All Result

China Fires Back: U.S. Imports Now Hit with 84% Tariffs as Trade War Escalates Under Trump

by poligirlsayswhat
April 9, 2025
Reading Time: 2 mins read
0
Donald Trump Hikes China Tariffs to 104 Percent Starting Tomorrow

(Photo by Spencer Platt/Getty Images)

Share on FacebookShare on Twitter

Tensions between the U.S. and China just got a lot hotter. Beijing has announced a major tariff increase on American imports, pushing levies up to a staggering 84%, starting April 10. This move is in direct response to Trump’s recent tariff hike on Chinese products, which now top 104%.

The tit-for-tat measures have intensified what’s become a full-blown trade war between the world’s two largest economies. Just last week, Trump’s administration rolled out a sweeping tariff policy, warning other countries not to push back. But China wasted no time, firing back with a harsh countermeasure targeting key U.S. exports.

Trade between the U.S. and China is massive. In 2024, the U.S. exported $143.5 billion worth of goods to China, while importing nearly $439 billion. With these new tariffs in place, that flow of goods is expected to slow dramatically, hurting businesses on both sides of the Pacific.

What started as an effort by the Trump administration to crack down on foreign trade practices and restrict the flow of fentanyl into the U.S. has now ballooned into an economic standoff. Earlier moves included tariffs on China, Canada, and Mexico, but the latest escalation is grabbing headlines, and shaking up global markets.

Investors are rattled. Since the announcement of Trump’s April 2 tariff package, the S&P 500 has dropped nearly 20% from its recent peak, officially entering bear market territory. Markets in Asia aren’t faring any better, South Korea’s Kospi Index is also down, while stocks in Shanghai and Hong Kong have been sharply declining.

China has signaled it’s not backing down, while the Trump administration insists it’s holding the line against what it sees as unfair trade practices. But for now, the only certainty is more uncertainty, and a lot of nervous investors watching how far this trade war will go.

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Pinterest (Opens in new window) Pinterest

Like this:

Like Loading...

Discover more from Baller Alert

Subscribe to get the latest posts sent to your email.

Subscribe

Related Posts

RFK Jr. Says He’ll Ban Government Scientists From Publishing in “Corrupt” Top Medical Journals
News

RFK Jr. Says He’ll Ban Government Scientists From Publishing in “Corrupt” Top Medical Journals

May 28, 2025

In a disheartening announcement, Health and Human Services Secretary Robert F. Kennedy Jr. said the government will stop publishing in...

Study Shows COVID-19 Vaccination Can Temporarily Change Menstrual Cycles
News

CDC Pulls Back on Covid Shot Guidance for Healthy Kids and Pregnant Women

May 28, 2025

In a move that caught much of the medical world off guard, the CDC has stepped back from recommending Covid-19...

Andrew Tate's Bucharest Homes Raided Amid New Human Trafficking and Underage Sex Allegations
News

UK Charges Andrew Tate and Brother With Multiple Offenses, Including Rape and Human Trafficking

May 28, 2025

Andrew and Tristan Tate are now facing criminal prosecution in the UK for a series of serious offenses tied to...

NB.1.8.1 COVID Variant Spreads in U.S. as Booster Access Gets Tighter
News

New COVID Variant NB.1.8.1 Is Spreading Fast—And the Government’s Cutting Back Vaccine Access

May 28, 2025

A new COVID-19 variant, known as NB.1.8.1, is officially in the U.S., and it’s spreading quickly. First spotted in travelers...

Next Post
Keri Hilson Says She Was Forced Into Recording Beyoncé Diss on Leaked ‘Turnin Me On’ Remix

Keri Hilson Says She Was Forced Into Recording Beyoncé Diss on Leaked ‘Turnin Me On’ Remix [Video]

Leave a ReplyCancel reply

Baller News

Subscribe To Our Newsletter

* indicates required

Follow Us

Subscribe to Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

© Copyright 2024, Baller Alert Inc. All Rights Reserved

No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
%d