US-China Trade War Escalation Continues: Apple and White House Impose Tariffs
Published on 4.18.25
The ongoing US-China trade war has sent shockwaves through global markets, with both countries imposing tariffs on each other's goods in a tit-for-tat response. The escalation of the trade war has led economists to warn that shipments will drop back over the coming months and quarters, potentially taking years for exports to regain current levels.
This is particularly challenging for US companies like Apple, which relies heavily on Chinese-based supply chains, resulting in skyrocketing costs and prompting investors to consider relocating production to the US. The White House has also imposed tariffs of up to 145% on Chinese goods in response to concerns over trade imbalances, national security, and global supply chain risks.
The ongoing trade tensions have led to a surge in tariffs, prompting concerns about the impact on global markets. Economists warn that the escalation could lead to a prolonged period of uncertainty for businesses operating in both countries.