China Fires Back After Trump Locks In New Tariffs
The Trump administration finalized a new $16 billion tariff package on Chinese imports, and Beijing immediately answered with its own tariffs on $16 billion in U.S. goods. What was sold as toughness landed like another escalation in a trade war that was already squeezing farmers, rattling manufacturers, and undercutting the White House’s claim that pain now would mean victory later.