US Hits China With Tariffs Up to 245% Amid Escalating Trade War

US China Trade War: The United States has slapped a potential tariff of up to 245% on Chinese imports, escalating an already tense trade standoff. The White House announced the move late Tuesday, citing China's recent export bans on critical materials like gallium, germanium, and rare earth metals. These restrictions, the administration said, pose a threat to national security and global supply chains in sectors like defense and semiconductors. While over 75 countries have begun talks with the US on new trade deals, China remains the only one penalized, with Trump’s “America First” policy back at the center of the administration’s trade agenda.

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