Trump chilling warning to the EU and China amid tariff market turmoil

On April 8, 2025, President Trump imposed significant tariffs on Chinese imports, raising rates from 30% to 54%. An additional 50% tariff was also introduced unless China withdrew its matching tariffs. These measures aim to address trade imbalances and concerns over practices such as fentanyl trafficking. The tariffs have led to sharp declines in Chinese stock markets and have raised concerns about a potential global economic slowdown.