The U.S.-China trade conflict is heating up like a viral TikTok dance battle 💃—but the stakes are way higher. Former U.S. President Donald Trump vowed to impose 50% tariffs on Chinese imports unless Beijing withdraws its existing 34% tariffs on American goods, signaling a potential economic showdown.
🔍 What’s Going On? Analysts globally are fretting about ripple effects on markets and everyday prices. U.S. businesses, from tech startups to Midwest farmers, warn these tariffs could "hammer economic growth" while fueling inflation—think pricier iPhones and sneakers. 🛒💸
Behind closed doors, even Trump’s allies reportedly face internal divisions over the plan. 📈 Meanwhile, other nations hit by U.S. tariffs are doubling down on countermeasures, reshaping global trade alliances like high-stakes chess moves.♟️
What’s Next? With billions in trade flows at risk, young entrepreneurs and investors worldwide are bracing for impact. Will this spark a new era of ‘economic decoupling’—or force a diplomatic reset? Stay tuned. 📊
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Trump: extra 50% tariff on China if not withdraw its 34% tariff on U.S.
cgtn.com