U.S. President Donald Trump’s announcement of sweeping tariffs on April 2, dubbed "Liberation Day" by his administration, has ignited a fiery global response. Countries worldwide, from China to Canada, are hitting back with retaliatory measures, signaling a chaotic new chapter in international trade relations.
China’s swift retaliation included a 34% tariff on U.S. imports and a formal WTO complaint, accusing Washington of destabilizing the global economy. Beijing also restricted exports of rare earth minerals—critical for tech and defense—and halted agricultural imports, strategically targeting Trump’s political strongholds.
The EU and Brazil are crafting countermeasures, while Canada has already imposed tariffs, showcasing a rare united front against U.S. trade policies. Wall Street reeled, too: the Dow Jones plunged 1,600 points in 24 hours, and tech giants like Apple and Tesla nosedived as markets grappled with supply-chain fears.
Global markets mirrored the panic, with Germany’s DAX and Japan’s Nikkei dropping sharply. Analysts warn the tariffs could trigger a recession, proving that in today’s interconnected world, one nation’s trade war becomes everyone’s crisis.
Trade Wars Heat Up: U.S. Tariffs Spark Global Backlash 
Trade Tensions Rise: China Hits Back at U.S. Tariffs
