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Trump Tariffs Target Both China and U.S. Allies in Asia

  • President Trump unveiled reciprocal tariffs on April 2, 2025, impacting numerous countries globally.
  • Trump stated the tariffs retaliate against trade barriers and currency manipulation.
  • The U.S. Imposed tariffs on over 180 countries, with some Asian nations facing levies up to 49 percent.
  • Guo Jiakun quoted, 'U.S., under the guise of reciprocity, has imposed tariffs...seriously violates WTO rules'.
  • China vowed countermeasures, and other nations sought talks, signaling potential global economic shifts.
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Australian Financial Review broke the news in Sydney, Australia on Thursday, April 3, 2025.
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