India, April 16 -- President Donald Trump's administration has announced a sweeping new tariff of up to 245% on Chinese imports, sharply escalating the trade conflict between the United States and China. The decision, detailed in a fact sheet released late Tuesday by the White House, comes in response to Beijing's recent export restrictions and retaliatory tariffs.

"China now faces up to a 245% tariff on imports to the United States as a result of its retaliatory actions," the White House said, emphasizing the move as part of Trump's ongoing "America First Trade Policy."

The administration accused China of deliberately restricting vital high-tech materials, including gallium, germanium, and antimony - elements critical for military, aer...