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😨   U.S.-China trade war escalates with mutual tariff increases

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The U.S.-China trade war has intensified, with the U.S. imposing a 145% tariff on Chinese imports and China retaliating with tariffs increasing to 125% [35][33]. This escalation is affecting global markets, sparking fears of a recession [26][10]. Both countries are unwavering, as Trump continues pushing his 'America First' agenda, while China vows to 'fight to the end' [28][24]. Bitcoin and stock prices have been volatile, reflecting market uncertainty [4][19]. This tension underscores a significant geopolitical and economic standoff with potential widespread implications [23][29].

Helium Trades     Apr 15, 2025