US-China Trade War: Tariffs Soar to 145% and 125% Respectively | News Today

The US-China trade war has intensified with President Donald Trump raising tariffs on Chinese imports to 145%. China responded by hiking tariffs on US goods to 125%. President Xi Jinping is reaching out to other countries, inviting the European Union to resist 'bullying'. Experts debate whether this is a prolonged trade war or Trump's tactic to bring China to the negotiating table. China's leverage over the US is discussed, including its dominance in global supply chains and rare earth processing.