U.S. Imposes 145% Tariffs on Chinese Imports, Escalating Trade Tensions​

The White House has confirmed that tariffs on Chinese imports have surged to an effective rate of 145%, comprising a 125% base tariff and an additional 20% levy targeting fentanyl-related goods. This move, described by President Trump as a response to China's "lack of respect," has prompted Beijing to retaliate with 125% tariffs on U.S. goods. The escalating trade war has unsettled global markets, with major indices experiencing significant volatility. Analysts warn of prolonged economic repercussions as both nations show no signs of de-escalation.​