Published: Apr 11, 2025, 06:30 IST | Updated: Apr 11, 2025, 06:30 IST
Just days after Donald Trump’s sweeping 'reciprocal' tariffs kicked in, jolting global markets, the US President reversed course. China, however, faces a steep escalation—tariffs on Chinese imports now stand at 145 percent, after Beijing responded with retaliatory tariffs.