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Trump’s Tariff Date Arrives After a 90-Day Rollercoaster
After three months of uncertainty, negotiation, and intense global speculation, the day has finally arrived—U.S. tariffs on a new wave of Chinese goods are now in effect. This marks the end of the 90-day truce agreed upon by President Donald Trump and Chinese President Xi Jinping back in their December meeting.
ECONOMICS
7/6/20251 min read
During this 90-day period, both nations engaged in high-level talks aimed at resolving their ongoing trade war. While there were occasional signs of progress, major issues such as intellectual property protection, forced technology transfer, and market access remained unresolved.
Now that the tariffs are live, the U.S. is imposing higher duties on billions of dollars worth of Chinese imports. The move is expected to escalate tensions between the world’s two largest economies and potentially shake global markets, supply chains, and investor confidence.
Analysts warn that unless a breakthrough is achieved soon, the trade war could drag on longer and hurt both economies. The spotlight is now on how Beijing will respond and whether new negotiations can break the deadlock before further economic damage occurs.