U.S. Sets 104% Tariff on China: Why It Happened, Its Impact on the Stock Exchange, and Is It Profitable for America?
The United States has escalated its trade policies by imposing a staggering 104% tariff on Chinese imports, effective April 9, 2025, alongside tariffs on other countries like Cambodia (49%), Vietnam (46%), and the EU (20%). This move, spearheaded by President Donald Trump, marks a significant intensification of the U.S.-China trade war and has sent shockwaves … Read more