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Trump’s 245% tariffs (read 270%) on Chinese imports mean evident global trade disruption
Edited by : Pratyusha Chatterjee
4 min read
In a bold move that has reignited trade tensions, former US President Donald Trump has imposed sweeping tariffs of up to 245 per cent on a wide range of Chinese imports. With the initial 25 per cent remaining in place, the total tariff to be paid by the aluminium and steel exporters from China shoots up to 270 per cent. This sharp escalation is nothing but a further intensification of the US-China trade war and is already sending ripples through global markets, manufacturing, and supply chains, with implications that extend well beyond the Pacific.
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