US-China Tariff War / When will President Donald Trump stop? He imposed a tariff of 145% on China

US-China Tariff War: US President Donald Trump is once again in the global headlines due to his tariff policy. His tough economic move has shaken the economy of the whole world. Within a week, there was a tremendous decline in global stock markets and trade balance, due to which the sound of global recession has started echoing. In this backdrop, Trump has announced to postpone the tariff for 90 days, citing talks with 50 countries, the deadline of which has been fixed as 9 July 2025. But he has deliberately kept China out of this decision.

Tough attack on China: 145 percent tariff

The Trump administration initially imposed a tariff of 34 percent on China, which increased over time to 104 percent. Now, when the US along with most countries has imposed a temporary halt on tariffs, it has been decided to impose a 145 percent tariff on China. Its purpose is clear - Trump is working with full force on the agenda of weakening China's economic backbone.

It is worth noting that the US had already imposed a tariff of 20 percent on China, which has now been increased to a total of 145 percent with a retaliatory rate of 125 percent. This decision clearly indicates that the economic relations between the US and China have now reached the peak of the trade war.

U.S. markets turmoil

The US financial markets were also not untouched by the impact of the tariff policy. Last Thursday, all major indices of Wall Street registered a huge decline.

The S&P 500 fell 3.45% and closed at 5,267.11.

The NASDAQ Composite fell 4.31% to 16,387.31.

At the same time, the Dow Jones also saw a decline of 2.54%, and closed at 39,578.94.

The main reason for this decline is the uncertainty prevailing in the market regarding US tariff policies and trade tensions with China.

Direct impact on Chinese companies

China, which is one of the world's largest importers, does about 17% of its trade with the US. Now that the tax on Chinese products has become heavy in the US, the cost of those products will increase. This will affect their demand and it will become extremely difficult for Chinese companies to compete in the US market. This will have a direct impact on China's exports and potentially lead to instability in its internal economy as well.

Way forward: Confrontation or dialogue?

Now the big question is whether China will increase its tariffs further in response to this move? Or will the talks for a solution begin between the two countries after understanding the situation? No matter how controversial Trump's policies have been, one thing is clear - they have forced a rethink of the global trade equation.