The ongoing trade war between the United States and China has reached a new level of intensity, with both countries escalating tariffs on each other’s goods. In a dizzying escalation of tensions, Beijing has increased tariffs on American imports from 84 to 125 percent, while the US has retaliated by raising taxes on Chinese goods to 145 percent.
The impact of these tariffs is not only being felt by the two superpowers, but also has the potential to disrupt the global economy. The unraveling of the trade relationship between the US and China, which was forged over decades, is now threatening to drag down economies worldwide.
Experts like economist and author Fraser Howie and DW Business correspondent Steven Beardsley are weighing in on the implications of this escalation. As tensions continue to rise between the world’s two biggest economies, the fate of international trade hangs in the balance.
The move by China to increase tariffs on US goods starting on Saturday is just the latest salvo in a trade war that shows no signs of slowing down. With both countries digging in their heels and refusing to back down, the repercussions of this tariff escalation could be far-reaching.
As the world watches anxiously to see how this trade war plays out, one thing is certain – the stakes are high and the global economy hangs in the balance.
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Video “Dizzying escalation of US-China tariffs threatens global economy | DW News” was uploaded on 04/11/2025 to Youtube Channel DW News