Goa, April 9 -- In a bold move signaling the United States' firm stance on trade, President Donald Trump's administration implemented a fresh wave of tariffs late Tuesday, with China facing the steepest hike-an unprecedented 104% tariff on its goods. This dramatic tariff escalation marks a new chapter in the ongoing trade war between the two economic giants.

Tough Trade Measures and Global Impact

The tariff increase, which took effect at midnight (US Eastern time), has already provoked a strong response from Beijing. In addition to China, India is also among the hardest-hit nations, now facing a 26% tariff on its exports to the US. Despite active negotiations with nearly 70 trading partners, the Trump administration emphasized that the ...