Published: Apr 11, 2025, 02:35 IST | Updated: Apr 11, 2025, 02:35 IST
President Donald Trump has ramped up tariffs on Chinese goods to a staggering 145%, escalating tensions in the ongoing US-China trade war. Wall Street tumbled in response, while China hit back by slashing US film imports. Meanwhile, the EU has paused its counter-tariffs against the US for 90 days, urging de-escalation.