China Retaliates Against US Tariffs Amid Trade War Escalation

The escalating trade war between the U.S. and China has intensified as both countries impose significant tariffs on each other's imports, with Donald Trump threatening to raise tariffs on Chinese goods to over 100%. In response, China has indicated its readiness to retaliate, with economists suggesting that the country's export sector could suffer dramatically if tariffs exceed 35%. Analysts believe that China, having prepared for this standoff since 2018, may not need to match U.S. tariffs directly but could leverage its financial influence by offloading U.S. Treasury bonds or prioritizing domestic consumption. The situation poses risks to the U.S. economy, already grappling with high inflation and debt, as continued escalation could destabilize markets and restrict access to credit. As tensions rise, both nations appear trapped in a cycle of retaliatory measures that threatens global economic stability. Observers note that China may now have