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U.S.-China Tariff War Escalates: 145% Tariffs Hit Exports

4/13/2025

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Story summary
  • The U.S.-China tariff war has intensified, with tariffs on Chinese goods skyrocketing to 145%. Exporters like Zou Guoqing are suspending shipments, jeopardizing their businesses. Experts caution about a looming economic decoupling, as companies scramble to find new markets. The atmosphere is charged, with no negotiations on the horizon.