U.S. Tariff War Is Killing China, Industries in Ruins! Beijing Resists, Unafraid of Starving People
U.S. Tariff War Is Killing China, Industries in Ruins! Beijing Resists, Unafraid of Starving People
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The U.S. tariff "club" swings over many countries, and last-minute changes occurred. On the afternoon of April 9th, Trump announced that the high tariffs would be temporarily delayed. For the next 90 days, only the 10% "benchmark tariff" would be imposed. But the 104% tariff on China wasn’t removed; it was increased to 125%. China retaliated with an 84% tariff.
The U.S.-China tariff war has caused widespread distress across China. Guangdong, as the core province of China's foreign trade, heavily relies on exports, especially to the U.S. market. According to 2024 data, Guangdong accounts for 20.8% of the total national import and export volume, showing its leading role in foreign trade.
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