US-China Trade Tensions Escalate Further Amid Disney Stock Plunge and Tariff Dispute

Published on 4.14.25

  The ongoing trade tensions between the United States and China have sent shockwaves across global markets, with Disney's stock plummeting 12.5% as a result of China's announcement to reduce the number of imported US films. This move is seen as a retaliatory measure against the US for implementing tariffs on Chinese goods. The US has imposed tariffs on $200 billion worth of Chinese imports, while China has retaliated with its own set of tariffs on US goods. China has dismissed Trump's latest tariffs of 25% (not 125%) as insignificant and vowed to ignore them. China plans to file a lawsuit with the World Trade Organisation over the latest round of levies, which will take effect from Saturday. The European Union has put its trade retaliation measures on hold for 90 days, giving room for a negotiated solution.

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