Global trade upended as Trump's tariffs kick in, triggering Chinese response

US President Donald Trump's "reciprocal" tariffs on dozens of countries took effect earlier on Wednesday, including massive 104% duties on Chinese goods, upending a global trading order that has persisted for decades and stoking fears of recession. Beijing said it would impose 84% tariffs on US goods in retaliation, up from the 34% previously announced.

Apr 9, 2025 - 13:00
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Global trade upended as Trump's tariffs kick in, triggering Chinese response
US President Donald Trump's "reciprocal" tariffs on dozens of countries took effect earlier on Wednesday, including massive 104% duties on Chinese goods, upending a global trading order that has persisted for decades and stoking fears of recession. Beijing said it would impose 84% tariffs on US goods in retaliation, up from the 34% previously announced.

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