WASHINGTON/BEIJING – China has raised its retaliatory tariff on U.S. goods to a staggering 84%, escalating trade tensions and placing American exporters under intense pressure.
Key sectors such as agriculture, automobiles, and tech are expected to take the brunt of the blow, as U.S. goods become too costly for Chinese buyers. Analysts warn this could widen the U.S. trade deficit, trigger job losses in export-heavy states, and disrupt already strained global supply chains.
“This could be a gut punch to U.S. farmers and manufacturers,” a trade expert said. “An 84% tariff effectively prices many American goods out of the Chinese market.”
The move ramps up the pressure on the White House to recalibrate its trade policy, as political and business lobbies grow increasingly restless.
With both sides digging in, fears are mounting of a deeper tit-for-tat tariff war that could rock global markets.
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