US-China Trade War..!! China's situation is getting worse..!?

The trade war between the US and china has reached a critical stage in the global economic arena. Everyone knows that china has imposed tariffs on American agricultural products in response to US President Donald Trump's recent tariff hike on goods imported from China. This tariff has come into effect from Monday. This has worsened trade relations between the two countries. Although donald trump has postponed his tariff imposition for the third time to april 2, china is set to implement its tariff imposition as planned from today. Meanwhile, it is not yet clear whether india is included in the tariff imposed by the US government from april 2.
 Donald trump, who was re-elected as US President in january this year, announced that he would impose various tariffs on major trading countries including china, Canada, and Mexico. He has now announced that he will impose reciprocal tariffs on all his trading partners worldwide. This raises a big question as to how much tariff will be imposed on which country. The US administration says that these measures are aimed at preventing illegal immigration and the trafficking of the dangerous drug fentanyl. But china has completely denied these accusations. First, the US government imposed a 10 percent tariff on all goods imported from china in early February. Last week, it was increased to 20 percent. This drastic measure angered china, which has imposed a tariff in retaliation. The Chinese Ministry of Finance strongly accused the US of disrupting the international trade structure and china announced a tariff on US agricultural products.
Accordingly, a 15 percent tax has been imposed on imports of goods such as chicken, wheat, corn, and cotton from the United States. A 10 percent tax has been imposed on soybeans, sorghum, pork, beef, seafood, fruits, vegetables, and dairy products. However, the tax will not apply to goods shipped before march 10 and arriving in china by april 12. This provides temporary relief to some exporters. It is not known how much the trade war between the united states and china will affect the economy and trade, but early data indicates a significant slowdown in export growth. According to official figures currently available, China's export growth in the first two months of 2025 was only 2.3 percent. This is lower than expected and a sharp decline compared to the 10.7 percent growth recorded in December.
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US china trade war

Sowmiya Sriram

10/03/2025 12:14 PM