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Societe Generale economists said China’s exports to the U.S. “will be largely wiped out” by Trump’s latest tariff increase.
From The Wall Street Journal
As part of a sweeping global tariff plan, President Donald Trump set tariffs at 104% on Chinese goods, which went into effect on April 9.
From USA Today
Economists have warned that U.S. consumers are likely to face higher prices on everything from sneakers to wine as a result of the trade war.
From U.S. News & World Report

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China’s U.S. Exports ‘Will Be Largely Wiped Out’ if Tariffs Stay, Say Economists
With President Trump’s new 84% tariff on Chinese goods in effect—on top of earlier tariffs that bring the total above 100%—China’s shipments to the U.S. could drop by more than half in the coming years assuming the duties remain in place,
Yuan falls to 2007 lows as US tariffs on China kick in
China's yuan ended at its weakest level in more than 17 years on Wednesday after its offshore counterpart fell to a record low overnight, as an escalating Sino-U.S. trade war rattled currency markets.
Trump announces pause, lowered tariffs for all but China
Treasury Secretary Scott Bessent on April 9 expanded on President Donald Trump’s announcement that the U.S. would pause and lower tariff rates for most countries while raising those on China 125 percent.
Where are iPhones made? What to know about Apple products as US-China tariffs threaten prices
Here's where most iPhones are made and how much prices could increase as President Donald Trump's tariffs on imported Goods from China take effect.
The Latest: Trump’s Latest Round of Tariffs Go Into Effect
Several new, sweeping taxes on goods from other countries are already here — and more took effect on Wednesday. Trump has promised higher rates for his latest and most severe volley of duties, which he calls “reciprocal” tariffs.
How 125% tariff on Chinese products will affect American shoppers
President Trump announced he is raising the tariff on Chinese goods to 125%. NBC News’ Brian Cheung took a look at how the prices of products from electronics to furniture and clothing could be impacted.
Trump's Latest Tariffs Loom, Set to Deepen Global Trade War
Trump's punishing tariffs have shaken a global trading order that has persisted for decades, raised fears of recession and driven worldwide stocks sharply downward. The S&P closed below 5,000 for the first time in nearly a year on Tuesday and is nearing a bear market,
Trump Backed Down on Tariffs
Just hours after President Trump imposed steep tariffs on dozens of America’s trading partners, he reversed course. The president announced this afternoon that nearly all of his so-called reciprocal tariffs would be paused for 90 days.
The Latest: Treasury secretary says Trump will keep 10% import tariff, raise import tax on China
President Donald Trump shared on Truth Social that he has “ authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%.” Trump also raised the tax rate on Chinese imports to 125%.
Bessent warns China on currency moves, says bond market 'deleveraging' isn't systemic issue
Treasury Secretary Scott Bessent said that rising yields on U.S. Treasurys are a result of normal deleveraging rather than a systemic issue with the bond market.
China, US clash over major Argentina currency swap line
China is on a crash course with the United States over a major Chinese currency swap deal with Argentina that has buffered the South American country's depleted foreign reserve levels even as it seeks a new deal with the Washington-based IMF.
Trump’s tariff onslaught against China escalates a battle the US may not be able to win
President Donald Trump just ignited a direct showdown with the one nation that might be able to beat the United States in a trade war.
Markets soar as Trump pauses higher tariffs on most countries but hits China with 125% rate
Trump says countries who were facing higher tariffs will now fall to the "baseline" tariff of 10% for at least 90 days.
Trump Slams China With 104% Tariff | Currency War Heats Up
U.S. President Donald Trump has once again stirred global headlines with his fiery comments on tariffs and China's economic tactics. In a sharp critique, Trump announced that a 104% tariff on China — calling it a justified response to years of being "ripped off" by other nations,
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Fitch cuts China's foreign currency rating on rising debt, weakening finances
Global ratings agency Fitch on Thursday downgraded China's long-term foreign currency credit rating to 'A' from 'A+', on expectations of weak public finances and rapidly rising debt. The latest U.S. reciprocal tariffs have not been incorporated in the forecast,
Trump pauses higher tariffs for dozens of countries, but hikes China rate to 125%
Trump says countries who were facing higher tariffs will now fall to the "baseline" tariff of 10% for at least 90 days.
China lets currency sink to 18 month low as trade spat with U.S. intensifies
China vowed to "fight to the end" after U.S. President Donald Trump threatened to slap an additional 50% tariff on imports from the world's second biggest economy. Part of that fight may be to encourage a depreciation of the yuan to help make China's goods more competitive,
Trump tariffs live updates: President announces 90-day tariffs pause for some countries and 125% tariffs on China
President says he’s issuing a 90-day pause and ‘a substantially lowered Reciprocal Tariff during this period, of 10 percent’
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The new faultlines of global trade: Tariffs, currency, and the spectre of disorder
Tariff wars could well no longer be the simple economic skirmishes—they are the new frontlines of geopolitical power play. As global institutions falter and more currencies wobble, we are in a world where disorder is becoming the new order,
Is China Negotiating or Retaliating? Weaker Yuan Is a Flashpoint.
China is signaling it could be ready to talk over tariffs but the weakening of its currency is likely to anger President Donald Trump. Beijing on Wednesday called for dialogue with the U.S. In a white paper,
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