The U.S.-China trade war has escalated dramatically as Beijing announced 34% reciprocal tariffs on all U.S. imports, effective April 10, in retaliation to President Donald Trump’s similar move on April 2. China accused the U.S. of “unilateral bullying” and labeled the tariffs as “economic warfare,” further straining relations between the two economic giants. The new Chinese tariffs target key sectors, including agriculture, technology, energy, and manufacturing, while Beijing also imposed export controls on rare earth minerals crucial to U.S. industries. Watch the video for details.

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