The trade war between the U.S. and China has escalated to unprecedented levels, sending shockwaves through global markets. U.S. President #DonaldTrump’s threat of new 100% #tariffs on #Chinese imports has prompted China to announce countermeasures, further straining months of progress in bilateral trade talks. #Beijing warns Washington that high-tariff threats are not the right approach and insists it will take all necessary measures to protect its economic interests. Watch | The Times of India

Rozalynn Goodwin, co-founder of Confidence by GaBBY Goodwin, tells NewsNation that President Donald Trump’s threatened tariffs against China could raise her company’s production prices beyond its capability. “If these tariffs increase any more than they are today, we will absolutely lose money,” Goodwin said. #Tariffs #Economy #Trump | NewsNation

52K views · 391 reactions | Some companies in Singapore are already feeling the effects of US President Donald Trump's tariffs on China, says Deputy Prime Minister Gan Kim Yong, who's also Minister for Trade and Industry. Mr Gan heads Singapore's new task force to deal with the effects of the tariffs. On Wednesday (Apr 16), he and other task force members outlined their strategies to help businesses and workers navigate the uncertainty. https://cna.asia/3Gd5WDJ | CNA | Facebook