😂 Breaking: Washington imposes record tariffs of 155% on Chinese imports, in a move that deepens the trade tension between the world's first and second largest economies.
✔️The decision will take effect on November 1, 2025, and includes all goods coming from China, and came — according to the statement — in response to what the United States describes as "aggressive trade behavior" and Beijing's controls on the export of advanced American technology. Washington also announced additional restrictions on the export of critical software developed within its borders.
✔️ The implications of the decision were immediately reflected in global markets:
The S&P 500 index fell by 2.7% in its largest drop since April, and the Hang Seng index dropped by more than 9%, while shares of major Chinese tech companies — such as Alibaba, Baidu, and JD.com — suffered sharp losses.
✔️ Bitcoin also experienced sharp declines
📊This step opens a new, sharper chapter in the US-China trade war, with anticipated effects on supply chains and global financial markets.
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