China braces for economic shock as the US unleashes sweeping tariff hikes

Digitimes
By Elaine ChenApr 25, 2025, 3:16 am511 ptsHot
The White House has unveiled a sweeping new round of punitive tariffs on imports from China, with rates reaching as high as 245%. While not all products will be subject to the highest rate, the majority face significant tariff hikes, signaling a sharp escalation in trade tensions that could severely curtail…

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