The trade conflict between the United States and China intensifies as President Donald Trump escalates tariffs on Chinese imports to 245%. This move, aimed at addressing perceived disrespect from China,

President Donald Trump‘s administration has hiked tariffs on Chinese imports to the U.S. by up to 245%, as per a fact sheet released by the White House on Apr. 15. Trump signed an executive order launching an investigation into the national security risks posed by American reliance on imported critical minerals and their derivatives.