The U.S./China Trade War Intensifies with 125% tariffs on the U.S. and 145% on ChinaVideo: The U.S./China Trade War Intensifies with 125% tariffs on the U.S. and 145% on China
Despite Trump pausing reciprocal tariffs for 90 days on non-retaliating nations, tensions with China have escalated sharply. This week’s summary covers the market fallout, including a major stock selloff, a bullish USDA April report lifting corn futures, a sharp drop in crude oil prices, and the U.S. dollar hitting a fresh 3-year low.