U.S.-China Trade War Intensifies Amid Market Volatility and Tariff Changes
Trade tensions escalate as U.S. tariffs on China reach 145%, affecting stock markets and corporate strategies, while Apple ramps up production in India.
The losses for U.S. stocks accelerated Thursday after the White House clarified that the United States will tax Chinese imports at 145%, not the 125% rate that Trump had written about in his posting on Truth Social Wednesday, once other previously announced tariffs were included.
US stocks dive as euphoria on Wall Street reverts to fear about US-China trade war
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Despite the US president pausing most of the so-called “reciprocal” tariffs, he has ramped up the pressure on China, the world’s second-largest economy and second-biggest provider of US imports, by increasing tariffs on Chinese imports to 125 percent from the 104 percent level that kicked in on Wednesday.
US stocks down as trade war with China deepens
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President Donald Trump and his administration's negotiation blitz with dozens of nations after pausing reciprocal tariffs will solidify him as the U.S.'s "deal-maker-in-chief" as he focuses on bringing parity to the country's chronic trade deficit, administration officials told Fox Digital.
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Even with Trump's pause on reciprocal tariffs, his administration has still imposed substantial import taxes that economists warn could spike consumer prices and lead to an economic downturn.
What's next for Trump's tariffs? Where the trade war goes from here after sudden retreat.
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This is an instance where you have the creators of the crisis, then those who are able to either throw fuel on the fire or try to douse it all, being the same people.
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China instead decided to be far from idle.
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Trump officials have tried to frame the pause as strategic brilliance.
The Craziest Details About Trump’s Tariff Pause
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Yes, Trump made the right decision in postponing some of his tariffs for 90 days—though it would have been better to cancel all of them permanently—but how are American businesses supposed to plan for the future in a political and economic environment when even the U.S. trade representative is unaware of what could change from one day to the next?
America gained nothing from Trump's latest tariff stunt
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Apple product prices are expected to rise sharply under Mr. Trump's tariffs.
Apple airlifts more than 1 million iPhones out of India to avoid Trump tariffs, Reuters reports
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Trump's tariffs announcement April 2 sparked a week of economic turmoil as fears of a trade war grew sharply.
Trump punts on markets question as stocks continue to fall
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However, regardless of the exact amount, expect tariffs on goods from China and other countries to translate into higher prices for consumers.
Could iPhones Really Cost $3,500 With Trump's Tariffs? We Do the Math
CNET·9d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.The shipping industry appeared to breathe a sigh of relief after President Donald Trump's decision to pause reciprocal tariffs on foreign imports for 90 days, with bookings for freight deliveries surging.
Freight Orders Surge After Trump Tariff Pause
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However, Jassy said that Amazon is doing everything we can to try and keep prices the way they’ve been for customers — as low as possible.
Expect Amazon prices to rise because of tariffs, CEO says | Business
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Summary
U.S.-China trade tensions escalate further with tariffs on Chinese imports now at 145%, driving down stock prices significantly. The S&P 500 fell by 3.5% amid uncertainty, highlighting the volatility in the market. President Trump's decision to pause tariffs for 90 days offered temporary relief but raised concerns about potential long-term impacts on U.S. corporate profits. Meanwhile, Apple is increasing its iPhone production in India to avoid tariff impacts, shipping millions of units to the U.S. before potential price hikes apply. The situation remains fluid as companies recalibrate strategies amid ongoing global trade negotiations.
Perspectives
Amazon's CEO predicts that third-party sellers will likely increase prices for consumers due to tariffs, despite efforts to keep costs low through strategic inventory buys and renegotiations.
Recent tariffs imposed by the U.S. on Chinese goods, which have increased to 145%, create uncertainty in pricing and inventory for Amazon and its sellers.
Shoppers have started stockpiling items amid tariff concerns, indicating a potential shift in consumer behavior as they prepare for rising prices.
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