In a move that has sent shockwaves through global markets, President Donald Trump unveiled a new round of tariffs targeting $300 billion worth of Chinese imports, including electronics, machinery, and consumer goods. The 25% levy, set to take effect in June 2025, marks a significant escalation in U.S.-China trade tensions and has already triggered a sharp decline in stock markets worldwide.

The announcement, made during a campaign rally in Ohio, was framed as a bid to “protect American jobs and industries from unfair competition.” However, economists warn that the tariffs could lead to higher prices for U.S. consumers and retaliatory measures from Beijing. The Dow Jones Industrial Average fell by over 500 points following the news, while the S&P 500 and Nasdaq also saw significant losses.

Chinese officials have condemned the move, with the Ministry of Commerce vowing to “take all necessary steps to safeguard our national interests.” Analysts suggest that Beijing may impose counter-tariffs on U.S. agricultural exports, potentially reigniting a full-blown trade war.