Trade war escalates as China hits back with 34% tariffs on all U.S. goods

Analysts say the escalating trade tensions between the U.S and China make a near-term deal to end the trade war "highly unlikely".

Apr 4, 2025 - 13:56
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Trade war escalates as China hits back with 34% tariffs on all U.S. goods
The U.S. and China are engaged in an escalating trade war again.

Analysts say the escalating trade tensions between the U.S and China make a near-term deal to end the trade war "highly unlikely".

(Image credit: Frederic J. Brown)