China Escalates Trade War with 34% Tariffs on U.S. Goods

China Escalates Trade War with 34% Tariffs on U.S. Goods

China has announced an additional 34% tariff on U.S. goods, marking the most serious escalation in the ongoing trade war with President Donald Trump. The move has intensified fears of a potential recession and sparked a global stock market rout as investors react to the heightened tensions.

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