The deadline issued by US President Donald Trump for China to remove its retaliatory tariffs on US goods has passed, with no action taken by China. As a result, Trump has announced plans to raise tariffs on imports from China to over 100%.
Trump had initially threatened to impose an additional 50% tariff on Chinese imports if China did not remove its tariffs on US goods. The escalating trade tensions between the two economic powerhouses have raised concerns about the potential impact on the global economy.
Meredith Crowley, a Professor of Economics at the University of Cambridge, spoke to DW News about how much further the US and China can escalate the trade war. The uncertainty surrounding the future of trade relations between the two countries has led to increased volatility in markets worldwide.
The ongoing trade war between the US and China has significant implications for businesses and consumers in both countries. It remains to be seen how China will respond to Trump’s latest tariff threat and what the long-term effects will be on global trade.
For more news and updates on the US-China trade war, visit http://www.dw.com/en/.
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Video “US to raise tariffs on imports from China to over 100% after Trump's key deadline passes | DW News” was uploaded on 04/08/2025 to Youtube Channel DW News