On Apr 2, 2025, United States President Donald Trump’s administration imposed sweeping tariffs on imports from more than 60 countries, with especially steep duties on China. Markets plunged, forcing a partial rollback within weeks – but the damage was already done. Businesses faced rising costs and uncertainty, while consumers saw higher prices. Countries scrambled to make deals with the US, though they only offered limited relief in most cases. Jeff Moon, president of consulting firm China

Tag-uri: Donald Trump