The ongoing tariff war between the U.S. and China has escalated further, with both global powers locking horns in a cycle of retaliatory trade measures. It began with the U.S. announcing new tariffs on Chinese imports, prompting an immediate response from China imposing duties on American goods. In retaliation, former U.S. President Donald Trump threatened to raise tariffs on Chinese products up to 50%, branding it a necessary "bitter pill" to protect American interests. However, this economic aggression is being seen by China as provocation. As global markets remain volatile, business leaders like Elon Musk have appealed to Trump to reconsider, citing major losses. Despite pleas, Trump remains firm under his “Make America Great Again” policy, calling for reciprocal taxes that match those imposed by other nations. With the new tariff plan set to begin April 9, fears of a full-blown global trade war are resurfacing.
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00:00Actually, the tariff war between the US and China is now intensifying.
00:04US President Donald Trump announced a 34% tariff against China.
00:09In response to this, China decided to impose the same amount of import duty on goods coming from the US.
00:19After this, Trump has become very angry.
00:22He has threatened China.
00:24If China does not step back, it will impose a 50% tariff war on the US.
00:32If China does not step back, it will impose a 50% tariff on the US.
00:35Trump has given China only 8th April to do this.
00:41This was the reason why the US was saying that the tariff war will be the cause of the 3rd world war.
00:55President Trump has threatened China to impose a 50% tariff on the US.
01:01China has also become angry.
01:02China has said that it will step back in response to US threats.
01:06China's foreign minister has said that imposing a tariff war on the US is completely baseless.
01:14It is a one-sided and inciting behavior.
01:17It is clear that the tension between the two countries is now increasing.
01:23China and the US are attacking each other.
01:28The US has imposed a tariff war on China.
01:32In response to this, China has imposed a duty on the US.
01:36In response to this, the US has become even more angry.
01:39The US has increased the tariff on China by 50%.
01:44This is what is being done by China.
01:48These are the two major powers of the world, America and China.
01:56This was the reason why the US was saying that the tariff war will be the cause of the 3rd world war.
02:08This is America's tariff plan.
02:16Elon Musk is angry about the tariff on the US.
02:19This is a Washington Post report.
02:21Elon Musk has appealed to Donald Trump to take back the tariff policy.
02:24Musk's company's shares have fallen from the tariff.
02:27After the fall in the share price, Musk has appealed to Donald Trump.
02:32The US President has said that the tariff on the US is a bitter pill.
02:43Elon Musk has said that the tariff on the US is a bitter pill.
02:49Elon Musk has said that the tariff on the US is a bitter pill.
02:57But there is no solution.
03:00Donald Trump has said that the tariff on the US is a bitter pill.
03:15Donald Trump has said that the tariff on the US is a bitter pill.
03:24Venezuela is a South American country after the US tariff war.
03:27It is facing financial problems.
03:30Venezuela is facing financial problems.
03:35President Nicolas has made a big announcement.
03:38Economic emergency has been announced in Venezuela.
03:44Venezuela is saying that they are forced to surrender.