The U.S. Drops a Tariff Bomb, China’s Exports Face Disaster, Where Did $520 Billion in Goods Go?
The U.S. Drops a Tariff Bomb, China’s Exports Face Disaster, Where Did $520 Billion in Goods Go?
Udumbara
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On April 2, 2025, the US government reignited global debate by imposing a 34% "reciprocal tariff" on China, adding to the 20% increase from March and bringing the total tariff rate to 54%. Under President Trump’s sweeping tariff policy, China’s foreign trade sector is facing significant disruption, and cross-border businesses are under considerable strain.
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