United States President Donald Trump has reaffirmed his commitment to his controversial tariff strategy, even as China retaliated with a 125% hike on US goods—further intensifying the trade war between the world’s two largest economies.
In a post on his Truth Social platform Friday, Trump declared, “We are doing really well on our tariff policy. Very exciting for America, and the World!!! It is moving along quickly.” The statement came amid growing global market instability triggered by tit-for-tat levies.