US-China Tariff War: Trump's target is only China, tariff war deepens - who will suffer losses

US-China Tariff War: Since Donald Trump became the President, there have been extensive changes in the policies of America, which have affected not only America but the whole world. The most discussed among these has been his tariff policy, which has shaken the global trade system. The tariff war that started between America and China has now taken a serious turn, which is also having a negative impact on the global economy.

Start and escalation of tariff war

The Trump administration laid the foundation of this economic war by first imposing a 34 percent tariff on China. In response, China also made it clear that it is not ready to bow down by imposing the same tariff on America. This was only the beginning - after this, Trump warned China that if the retaliatory tariffs were not removed, an additional 50 percent duty would be imposed. But China's adamant position forced Trump to increase the tariff to 104 percent. When this also did not solve the problem, Trump further increased the tariff to 125 percent on Wednesday. China also increased its tariff on America to 84 percent in response.

Diplomatic tensions and global concerns

This tariff war is no longer a dispute between just two countries, but its effects are being seen on the whole world. While the US has announced 90 days of tariff relief for other countries, it has hardened its stance against China. It is clear from this that Trump's main target is China, and his intention is to bring China under economic pressure. But this strategy is creating trade instability at the global level.

China's power and stubbornness

China's President Xi Jinping has clearly said that his country will fight this battle till the end. China is not only a huge economy, but is also the world's largest manufacturing hub, with a global market share of about 30 percent. China's production capacity and its contribution to the global supply chain play such a big role that it is not easy for any country to ignore it - even the US.

Possible economic impact

Experts believe that the common people will have to bear the biggest brunt of this economic war. Millions of jobs in both countries could be at risk, many multinational companies could go bankrupt and the global trade balance could be badly affected. If the situation is not handled, US exports to China could reach zero, which would be an unprecedented situation.