US-China Tariff War Escalates to 104% as Global Nations Scramble for Zero-Tariff Deals

4 months ago
19

The U.S.-China trade war has reached a boiling point with President Trump imposing a staggering 104% tariff on Chinese imports, effective April 9, 2025, after China refused to back down from its 34% retaliatory tariff. Beijing calls it "blackmail" and vows to fight on, signaling a prolonged standoff. Meanwhile, over 50 countries, including Taiwan, Vietnam, the EU, Israel, Japan, and Argentina, are racing to negotiate with the U.S. to slash or eliminate tariffs under Trump’s sweeping 10%-104% tariff policies. From Taiwan’s "zero-tariff" proposal to Israel’s bold concessions, nations are offering big deals to avoid economic fallout. Will Trump budge, or will his protectionist stance hold firm?

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