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US President Donald Trump has announced 34 per cent tariffs on Chinese imports, unveiling them as part of a sweeping “Liberation Day” package meant to reshape American trade policy. Speaking in the White House Rose Garden on April 2, 2025, Trump unveiled tit-for-tat reciprocal import tariffs of at least 10 per cent on all imports, including on countries traditionally considered US allies, sparking fears of a global trade war.
