2 weeks Ago
United States President Donald Trump warned today that no country would be getting “off the hook” on tariffs, despite a 90-day reprieve on some levies, while also downplaying exemptions for Chinese technology. Global markets have been on a rollercoaster since Trump’s April 3 tariffs announcement, declining sharply before partially recovering with his 90-day pause on the steepest rates last week. Most nations will now face a baseline 10% tariff for the near-three-month period – except China, which launched a tit-for-tat escalation.
The exchanges have seen US levies imposed on China rise to 145% and Beijing setting a retaliatory 125% band on US imports . Trump’s administration has said it intends to negotiate trade deals, including with China, but it is not clear what terms the President would be willing to accept..
