Trade War Deepens: China Hits Back as Trump Raises Tariffs to 145% | Vantage with Palki Sharma | N18G
The US-China trade war is spiralling fast. With tit-for-tat tariffs now reaching unprecedented levels—145% by the US and 125% by China—the world’s two biggest economies have locked horns in what is fast becoming an economic standoff. Beijing has declared its latest tariff hike its final move, calling the escalating figures “a joke.” While Trump claims a deal is possible, Xi Jinping has made clear China will not compromise under pressure. Beyond tariffs, China is targeting US businesses, travellers, students. As both sides dig in, the global economy hangs in the balance.
