Trump Doubles Down on China Tariffs, Igniting Fresh Trade War Fears

​As of April 10, 2025, President Donald Trump has intensified the trade conflict with China by increasing tariffs on Chinese imports to 125%, while simultaneously announcing a 90-day suspension of planned tariff hikes for most other trading partners. This move aims to exert economic pressure on China amid ongoing trade disputes. ​

The tariff escalation has prompted significant reactions:​

• China’s Response: Beijing has imposed retaliatory tariffs of 84% on U.S. goods and stated that the trade war “will fail” for the U.S.
• Global Market Impact: The tariff pause for other nations has led to a surge in global stock markets, including Chinese equities, as investors respond to the temporary relief. ​
• Corporate Adjustments: Companies like Luxshare, a major Apple supplier, are considering shifting production to the U.S. and other countries to mitigate the impact of tariffs.

Despite the temporary suspension for some countries, the heightened tariffs on Chinese goods have raised concerns about prolonged economic tensions and potential escalation into a broader financial conflict.