U.S. Imposes 245% Tariffs on Chinese Imports

The White House has announced a major hike in tariffs, imposing up to 245% duties on Chinese imports. This sharp increase is seen as a response to China’s retaliatory measures against previous U.S. tariffs. The move signals a continued tough stance by the U.S. on trade with China. It’s expected to impact global trade flows and has already drawn strong reactions from international observers, raising concerns over escalating economic tensions between the two nations.