China Imposes Retaliatory Tariffs on U.S. as Trade War Escalates

China announces a new wave of retaliatory tariffs on American goods in response to the latest U.S. trade measures, further escalating tensions between the world’s two largest economies. The move follows President Donald Trump’s imposition of sweeping tariffs on Chinese imports, reigniting a trade war that has already disrupted global markets and supply chains. The Chinese Ministry of Commerce confirms that the new tariffs will target key U.S. industries, including agriculture, automotive, and technology, with duties ranging from 10% to 25% on billions of dollars’ worth of goods.