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Elon Musk Opposes Trump’s 50% Tariff Plan On China? Know More
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Elon Musk Opposes Trump’s 50% Tariff Plan On China? Know More

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Gold Prices Soar Across Indian Cities Amid Global Trade Tensions — Check Rates in Delhi, Mumbai, Chennai & More
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Gold Prices Soar Across Indian Cities Amid Global Trade Tensions — Check Rates in Delhi, Mumbai, Chennai & More

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Sensex Soars 1,000 Points: 5 Key Reasons Behind Today’s Stock Market Rally
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Sensex Soars 1,000 Points: 5 Key Reasons Behind Today’s Stock Market Rally

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Trump Threatens 50% Additional Tariff on China, Demands Compliance Within 24 Hours 🧾 Subhead: US-China trade war escalates as Trump raises total tariff on Chinese goods to 94%, threatens to cut off all talks with Beijing Washington, April 8, 2025 — In a dramatic escalation of the ongoing US-China trade war, former US President Donald Trump has threatened to impose an additional 50% tariff on all Chinese goods, unless China rolls back its latest 34% retaliatory duty within 24 hours. If enforced, this would raise the total US tariff on Chinese imports to an unprecedented 94%, including a baseline 10% global tariff that applies to all nations. The announcement came via Trump’s post on Truth Social at 11:30 am US time (9:00 pm IST), where he slammed China for its retaliatory move and accused it of “long-term tariff abuse, illegal subsidies, and currency manipulation.” “If China does not withdraw its 34% increase above their already long-term trading abuses by tomorrow, April 8, 2025, the United States will impose additional tariffs on China of 50%, effective April 9,” Trump declared. 🔥 Tariff War Spirals This retaliatory spiral began just days ago when the US slapped fresh 34% tariffs on Chinese imports, citing long-standing trade imbalances and unfair practices. China quickly responded in kind, prompting Trump's latest threat. Markets across the globe have plunged over the past 72 hours, with investors fearing a full-blown global recession. Oil prices have slumped and equity markets from Hong Kong to New York are in retreat. Trump also announced an end to all trade talks with China, calling Beijing's request for dialogue "pointless" unless it complies with the US demands. “All talks with China concerning their requested meetings with us will be terminated! Negotiations with other countries… will begin taking place immediately,” Trump wrote. 📉 Global Fallout The economic impact has been swift: Global stock indices have plummeted Oil prices dropped sharply Investor sentiment has taken a hit due to uncertainty in global trade flows Analysts warn that further tit-for-tat escalation could severely disrupt global supply chains, especially in electronics, manufacturing, and energy sectors. China has warned that continued provocation could result in a "painful trade war" with no winners — only economic damage on both sides. 🏷️ Tags: Trump tariffs, US China trade war, tariff hike, Donald Trump news, China retaliation, global stock market crash, oil price drop, economic war, Xi Jinping, Truth Social, international trade policy, 2025 economy, tariff deadline, global recession fears
Business

Sensex Rebounds 1,000 Points After Market Carnage, Analysts Say Panic Selling Has Eased

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US Stock Markets Rebound After Sharp Plunge Triggered by Global Recession Fears, Trump Tariffs
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US Stock Markets Rebound After Sharp Plunge Triggered by Global Recession Fears, Trump Tariffs

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Rs 20 Lakh Crore Wiped Out in 10 Seconds: Sensex, Nifty Crash as Trump Tariffs Trigger Global Market Meltdown
Business

Rs 20 Lakh Crore Wiped Out in 10 Seconds: Sensex, Nifty Crash as Trump Tariffs Trigger Global Market Meltdown

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