🕷️ Crawler Inspector

URL Lookup

Direct Parameter Lookup

Raw Queries and Responses

1. Shard Calculation

Query:

Response:

Calculated Shard: 149 (from laksa171)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa149.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://apnews.com/article/tariffs-trump-trade-war-what-to-know-e40e9eae3fa951438a764733cc55c5b8\')), getAhrefsUnparsedNoserviceFromURL(\'https://apnews.com/article/tariffs-trump-trade-war-what-to-know-e40e9eae3fa951438a764733cc55c5b8\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/apnews.com\/article\/tariffs-trump-trade-war-what-to-know-e40e9eae3fa951438a764733cc55c5b8","crawl_time":1775915583,"first_indexed_time":1743795173,"http_code":200,"src_unparsed":"com,apnews!\/article\/tariffs-trump-trade-war-what-to-know-e40e9eae3fa951438a764733cc55c5b8 s443","src_root_hash":"13170802201813479149","history_drop_reason":null,"meta_title":"Trump's trade wars deepen as China retaliates and markets fall. Here's what to know | AP News","meta_descriptions":["The trade wars launched by U.S. President Donald Trump are escalating to new heights. Just days after Trump unveiled sweeping new “reciprocal” tariffs on imports from around the world, China levied a retaliatory 34% tariff on all U.S. products starting April 10."],"attrs_boilerpipe_text":"Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year]\nUpdated 8:30 PM GMT, April 4, 2025\nNEW YORK (AP) — The\ntrade wars\nlaunched by U.S. President Donald Trump have escalated to new heights.\nJust days after Trump unveiled sweeping new\n“reciprocal”\ntariffs on imports from around the world, China on Friday levied a retaliatory\n34% tariff on all U.S. products\nstarting April 10. Stock markets worldwide plummeted, with the S&P 500\nclosing its worst week\nsince COVID-19 upended the global economy in 2020.\nEconomists warn that the tariffs\nwill raise the prices\nof products consumers buy each day — from the grocery aisle to car repairs. As businesses face higher costs, some say economies worldwide could see slowed hiring, layoffs and lower incomes down the road — heightening fears about future economic growth and widening inequality.\nMeanwhile, Trump has doubled down on his\ncommitment to tariffs\n, maintaining that his new levies will bring trillions of dollars of investment to the U.S.\nwhile also criticizing\nother countries’ retaliatory measures.\nHere’s what we know about the latest developments.\nWorkers labor on the production line of towels at a textile manufacturer in Huai’an city in east China’s Jiangsu province, Wednesday, April 2, 2025. (Chinatopix Via AP)\nWorkers labor on the production line of towels at a textile manufacturer in Huai’an city in east China’s Jiangsu province, Wednesday, April 2, 2025. (Chinatopix Via AP)\n3 MIN READ\n2 MIN READ\n3 MIN READ\nWhat new tariffs did Trump announce this week?\nSince taking office in January, Trump has rolled out several — and at times,\non-and-off again\n— rounds of tariffs targeting particular countries and products. He’s argued that raising import taxes will bring manufacturing back to the U.S. and protect domestic industries from unfair foreign competition.\nNone have been more sweeping than his\nlong-threatened “reciprocal” tariffs\nunveiled on Wednesday.\nThe new tariffs will hike taxes on products imported from nearly all of America’s trading partners — with Trump declaring a minimum tariff of 10% across the board and higher rates for dozens of nations that run trade surpluses with the U.S.\nThe steeper levies run as high as 50% — with the biggest “reciprocal” rates landing on small economies that trade little with the U.S., including the\nAfrican kingdom of Lesotho\n. Other notable rates include a 20% tax on imports from the European Union, 25% on South Korea, 24% on Japan and 32% on Taiwan. The tariffs build on some of Trump’s previous measures. His “reciprocal’’ tariff of 34% on China, for example, builds on 20% levies imposed earlier this year.\nA woman carrying a child stands near Apple and Nike stores in Beijing, China, Friday, April 4, 2025. (AP Photo\/Ng Han Guan)\nA woman carrying a child stands near Apple and Nike stores in Beijing, China, Friday, April 4, 2025. (AP Photo\/Ng Han Guan)\nHow has China responded?\nChina on Friday announced a flurry of other retaliatory measures in addition to the planned 34% tariff on U.S. goods.\nThe Commerce Ministry in Beijing said it would impose more export controls on rare earths, which are materials used in high-tech products like computer chips and electric vehicle batteries. And China’s customs administration said it had suspended imports of\nchicken from two U.S. suppliers\n, Mountaire Farms of Delaware and Coastal Processing.\nChina also filed a lawsuit with the World Trade Organization, saying the U.S. tariffs were “a typical unilateral bullying practice that endangers the stability of the global economic and trade order.”\nBeijing also added 27 firms to lists of companies subject to trade sanctions or export controls.\nThe trade war between the U.S. and China isn’t new. The two countries exchanged a\nseries of tit-for-tat levies\nin recent months — on top of tariffs imposed during Trump’s first term, many of which were preserved or added to under former President Joe Biden.\nWhile China has taken the toughest approach so far, several countries signaled upcoming responses to Trump’s “reciprocal” tariffs. The EU’s European Commission is among those that have vowed to fight back while promising to improve the free trade rulebook. Others may be hoping to negotiate for relief. Trump said Friday that he had a “very productive call” with Vietnamese leader\nTo Lam\nand claimed the country wants to eliminate its tariffs on U.S. goods if it can make a deal.\nTrader Edward McCarthy works on the floor of the New York Stock Exchange, Friday, April 4, 2025. (AP Photo\/Richard Drew)\nTrader Edward McCarthy works on the floor of the New York Stock Exchange, Friday, April 4, 2025. (AP Photo\/Richard Drew)\nIs the stock market continuing to fall?\nYes. Trump’s trade actions have roiled financial markets worldwide in recent months, and they careened even lower on Friday.\nWall Street’s worst crisis since the COVID-19 crash deepened on Friday. Not even a\nbetter-than-expected U.S. jobs report\n, usually the economic highlight of each month, was enough to stop the slide. The S&P 500 tumbled 6% and the Dow Jones Industrial Average plunged 2,231 points, or 5.5%. The Nasdaq composite also dropped 5.8%\nEuropean stocks also saw some of the day’s biggest losses, with indexes sinking roughly 5%. The price of crude oil tumbled to its lowest level since 2021. Other basic building blocks for economic growth, such as copper, also saw prices slide on worries that the trade war will weaken the global economy.\nPresident Donald Trump walks to board Marine One after speaking with reporters on the South Lawn of the White House, Thursday, April 3, 2025, in Washington. (AP Photo\/Evan Vucci)\nPresident Donald Trump walks to board Marine One after speaking with reporters on the South Lawn of the White House, Thursday, April 3, 2025, in Washington. (AP Photo\/Evan Vucci)\nWhat is Trump saying about all of this?\nTrump\nhas insisted\nhe isn’t changing his trade policies — describing them as a painful yet necessary step to encourage companies to relocate their operations to the U.S.\nAfter stocks plunged on Thursday, he maintained that things are “going very well” and said both the markets and the country were “going to boom” from the tariffs.\nTrump on Friday defended tariffs again on his social media platform Truth Social.\n“IT’S ALREADY WORKING. HANG TOUGH, WE CAN’T LOSE!!!” he wrote.\nTrump was swift to criticize Beijing’s move, claiming that China panicked and “PLAYED IT WRONG ... THE ONE THING THEY CANNOT AFFORD TO DO!”\nMeanwhile, others continue to warn that the scale of Trump’s tariffs could backfire. Federal Reserve Chair Jerome Powell\nsaid Friday\nthat the tariffs were “significantly larger than expected” and are “highly likely” to cause more inflation — at least in the short term but possibly in the long term as well.\n_______\nAP Business Writers Paul Wiseman in Washington, Elaine Kurtenbach in Bangkok and Stan Choe in New York contributed to this report.","attrs_markdown":"[Enable accessibility](https:\/\/apnews.com\/article\/tariffs-trump-trade-war-what-to-know-e40e9eae3fa951438a764733cc55c5b8)\n\n**0**\n\n[![AP Logo](https:\/\/assets.apnews.com\/19\/66\/bc546486408c8595f01753a9fbeb\/ap-logo-176-by-208.svg)](https:\/\/apnews.com\/)\n\nMenu\n\n- [World](https:\/\/apnews.com\/world-news)\n  \n  SECTIONS\n  \n  [Iran war](https:\/\/apnews.com\/hub\/iran) [Russia-Ukraine war](https:\/\/apnews.com\/hub\/russia-ukraine) [Español](https:\/\/apnews.com\/hub\/noticias) [China](https:\/\/apnews.com\/hub\/china) [Asia Pacific](https:\/\/apnews.com\/hub\/asia-pacific) [Latin America](https:\/\/apnews.com\/hub\/latin-america) [Europe](https:\/\/apnews.com\/hub\/europe) [Africa](https:\/\/apnews.com\/hub\/africa)\n  \n  TOP STORIES\n  \n  - [LIVE Live updates: US and Iranian officials meet with Pakistani mediators in Islamabad](https:\/\/apnews.com\/live\/iran-war-israel-trump-04-11-2026)\n  - [North Korean leader Kim backs China's push for ‘multipolar world’ in talks with foreign minister](https:\/\/apnews.com\/article\/north-korea-china-kim-yi-meeting-606b660fdd504641adbd805d7fcb1407)\n  - [Trinidad’s prime minister escalates feud with Caribbean neighbors over US policy in the region](https:\/\/apnews.com\/article\/caricom-guyana-caribbean-leadership-trinidad-us-venezuela-a0e8ee1130494aa8a194e0561ddbeebd)\n  \n  Newsletters\n  \n  [The Morning Wire Our flagship newsletter breaks down the biggest headlines of the day.](https:\/\/apnews.com\/newsletters?id=Morning+Wire+Subscribers)\n  \n  [The Afternoon Wire Get caught up on what you may have missed throughout the day.](https:\/\/apnews.com\/newsletters?id=Afternoon+Wire)\n  \n  [See All Newsletters](https:\/\/apnews.com\/newsletters)\n- [U.S.](https:\/\/apnews.com\/us-news)\n  \n  SECTIONS\n  \n  [Immigration](https:\/\/apnews.com\/hub\/immigration) [Weather](https:\/\/apnews.com\/hub\/weather) [Education](https:\/\/apnews.com\/education) [Transportation](https:\/\/apnews.com\/us-news\/transportation) [Abortion](https:\/\/apnews.com\/hub\/abortion) [LGBTQ+](https:\/\/apnews.com\/hub\/lgbtq) [Notable Deaths](https:\/\/apnews.com\/hub\/obituaries)\n  \n  TOP STORIES\n  \n  - [Eric Adams, former 'international mayor' of NYC, becomes an honorary Albanian citizen](https:\/\/apnews.com\/article\/eric-adams-albania-nyc-mayor-de8d3acf07d7a6728f0e03d668d033d5)\n  - [In his first 100 days, Mamdani brings a unique star power to New York City governance](https:\/\/apnews.com\/article\/zohran-mamdani-nyc-mayor-100-days-4588280d3f2cc5b369ff0ddcf3dbf29e)\n  - [Allies yank support for Swalwell's California governor run after sexual assault allegations](https:\/\/apnews.com\/article\/california-governor-eric-swalwell-sexual-assault-allegations-3b13ddbea678b4886fc9f513dbd0d1c2)\n  \n  Newsletters\n  \n  [The Morning Wire Our flagship newsletter breaks down the biggest headlines of the day.](https:\/\/apnews.com\/newsletters?id=Morning+Wire+Subscribers)\n  \n  [See All Newsletters](https:\/\/apnews.com\/newsletters)\n  \n  AP QUIZZES\n  \n  [Test Your News I.Q. — take today’s quiz](https:\/\/apnews.com\/quizzes)\n- [Politics](https:\/\/apnews.com\/politics)\n  \n  SECTIONS\n  \n  [2026 Elections](https:\/\/apnews.com\/hub\/elections) [Election Results](https:\/\/apnews.com\/projects\/elections-2026\/) [Election calendar](https:\/\/apnews.com\/projects\/elections-2026\/calendar\/) [White House](https:\/\/apnews.com\/hub\/donald-trump) [Congress](https:\/\/apnews.com\/hub\/congress) [Supreme Court](https:\/\/apnews.com\/hub\/us-supreme-court) [The latest AP-NORC polls](https:\/\/apnews.com\/projects\/polling-tracker\/) [Ground Game](https:\/\/apnews.com\/hub\/ground-game)\n  \n  TOP STORIES\n  \n  - [AP Exclusive: Trump administration admits a glaring error in its New York health fraud accusations](https:\/\/apnews.com\/article\/new-york-medicaid-fraud-dr-oz-trump-342285a3c5d5b71f36ce3f3c77ec72c5)\n  - [Trump's Washington arch plan includes golden-winged figure, eagles, lions and 'One Nation Under God'](https:\/\/apnews.com\/article\/trump-arch-9ac0b34c18a8801d44a9ef2dbb23132b)\n  - [Melania Trump denied ties to Jeffrey Epstein. The question remains: Why now?](https:\/\/apnews.com\/article\/donald-melania-trump-statement-epstein-521c939210345312c2cd9584aeb2afd3)\n  \n  Newsletters\n  \n  [Ground Game Exclusive insights and key stories from the world of politics.](https:\/\/apnews.com\/newsletters?id=Ground_Game)\n  \n  [See All Newsletters](https:\/\/apnews.com\/newsletters)\n- [Sports](https:\/\/apnews.com\/sports)\n  \n  SECTIONS\n  \n  [NBA](https:\/\/apnews.com\/hub\/nba) [MLB](https:\/\/apnews.com\/hub\/mlb) [NFL](https:\/\/apnews.com\/hub\/nfl) [Golf](https:\/\/apnews.com\/hub\/golf) [Soccer](https:\/\/apnews.com\/hub\/soccer) [NHL](https:\/\/apnews.com\/hub\/nhl) [Auto Racing](https:\/\/apnews.com\/hub\/auto-racing) [AP Top 25 College Football Poll](https:\/\/apnews.com\/hub\/ap-top-25-college-football-poll)\n  \n  TOP STORIES\n  \n  - [Ichiro Suzuki's statue unveiling has a mishap as bat snaps during ceremony](https:\/\/apnews.com\/article\/mariners-ichiro-statue-bat-7516f079961f7e9bc7a4c6ea7e6ec084)\n  - [Horse breaks its back and is euthanized after it won a Grand National steeplechase race](https:\/\/apnews.com\/article\/grand-national-horse-death-aintree-c2ea8d6450d66bcc227bab542220c0aa)\n  - [Rory McIlroy pulls away with birdie binge and sets Masters record with 6-shot lead at halfway mark](https:\/\/apnews.com\/article\/masters-rory-mcilroy-sam-burns-scottie-scheffler-7933f5985c6fb7480f222d381f4ff40c)\n  \n  Newsletters\n  \n  [AP Top 25 Poll Alerts Get email alerts for every college football Top 25 Poll release.](https:\/\/apnews.com\/newsletters?id=AP_CFB_Top_25_Poll_Alerts)\n  \n  [The Sports Wire Your home base for in-depth reporting from the world of sports.](https:\/\/apnews.com\/newsletters?id=Sports+HQ)\n  \n  [See All Newsletters](https:\/\/apnews.com\/newsletters)\n- [Entertainment](https:\/\/apnews.com\/entertainment)\n  \n  SECTIONS\n  \n  [Movies](https:\/\/apnews.com\/hub\/movies) [Fashion](https:\/\/apnews.com\/hub\/fashion) [Television](https:\/\/apnews.com\/hub\/television) [Celebrity Interviews](https:\/\/apnews.com\/hub\/celebrity-interviews\/) [Music](https:\/\/apnews.com\/hub\/music) [Books](https:\/\/apnews.com\/hub\/books-and-literature)\n  \n  TOP STORIES\n  \n  - ['Euphoria,' returning for a third season, launched a generation of new stars](https:\/\/apnews.com\/article\/euphoria-cast-zendaya-jacob-elordi-c08aa5c1486bf5d6ee1d38e3cb13eecb)\n  - [Rapper Offset released from the hospital after being shot outside a Florida casino](https:\/\/apnews.com\/article\/offset-migos-rapper-hospital-shooting-811c286d36e79aadae90713f1a55f359)\n  \n  Newsletters\n  \n  [AP Entertainment Wire Get AP's first personalized newsletter delivering you entertainment news twice a week.](https:\/\/apnews.com\/newsletters?id=AP+Entertainment+Wire)\n  \n  [See All Newsletters](https:\/\/apnews.com\/newsletters)\n- [Business](https:\/\/apnews.com\/business)\n  \n  SECTIONS\n  \n  [Tariffs](https:\/\/apnews.com\/hub\/tariffs) [Inflation](https:\/\/apnews.com\/hub\/inflation) [Financial Markets](https:\/\/apnews.com\/hub\/financial-markets) [Financial Wellness](https:\/\/apnews.com\/hub\/financial-wellness) [Technology](https:\/\/apnews.com\/technology)\n  \n  TOP STORIES\n  \n  - [Federal judge extends restraining order on \\$6.2B merger of local TV giants Nexstar and Tegna](https:\/\/apnews.com\/article\/nexstar-tenga-tv-merger-settlement-fcc-lawsuit-72bdd9927bef9d7a0a014eda13d32ff1)\n  - [Buyers fret as the average cost of a new car nears \\$50K](https:\/\/apnews.com\/article\/car-shopping-affordability-midterms-83ae4eb1a57056539d42bb330fa4dfbd)\n  - [Federal court hears new case against Trump's latest global tariffs](https:\/\/apnews.com\/article\/trump-tariffs-lawsuit-trade-612954e80e705c48c3ef82e87c6078a3)\n- [Science](https:\/\/apnews.com\/science)\n  \n  SECTIONS\n  \n  [Space](https:\/\/apnews.com\/hub\/space) [Animals](https:\/\/apnews.com\/hub\/animals) [The Ancient World](https:\/\/apnews.com\/hub\/archaeology-and-anthropology) [Climate](https:\/\/apnews.com\/climate-and-environment) [Medicine](https:\/\/apnews.com\/health)\n  \n  TOP STORIES\n  \n  - [Artemis II’s record-breaking journey around the moon ends with dramatic splashdown](https:\/\/apnews.com\/article\/nasa-artemis-astronauts-moon-splashdown-16adc5450f0127a0743292ef30b239f1)\n  - [El histórico viaje de Artemis II alrededor de la Luna termina con un dramático amerizaje](https:\/\/apnews.com\/article\/nasa-artemis-luna-mision-regreso-tierra-7d8b2f09ba571ed88021beb57cb9c5ca)\n- [Fact Check](https:\/\/apnews.com\/ap-fact-check)\n- [Oddities](https:\/\/apnews.com\/oddities)\n  \n  TOP STORIES\n  \n  - [Viral phenomenon in Argentina has young people identifying themselves as animals](https:\/\/apnews.com\/article\/argentina-teenagers-identifying-as-animals-therians-tiktok-54d158c4842f6515e31d83a260cdf31f)\n  - [Auto shop owner who paid worker in 91,500 oily pennies ordered to pay nearly \\$40,000 more](https:\/\/apnews.com\/article\/pennies-paycheck-labor-auto-dce543f0d6fd3ed64fa1e689d2701f17)\n  - [People 'bathe' in nature to get respite from chaotic news cycle](https:\/\/apnews.com\/article\/forest-bathing-stress-relief-77807628ff6af6b8925c019b41a125bc)\n  - [Chesney the kangaroo scales tall fence and flees petting zoo for three days on the lam](https:\/\/apnews.com\/article\/kangaroo-petting-zoo-wisconsin-escape-e5368b274706c2051fab54a73de8c777)\n  - [A red fox stows away on a cargo ship, traveling from England to the US](https:\/\/apnews.com\/article\/fox-stowaway-ship-england-us-bronx-zoo-fd4c5eaef207d8fffc6408f7671867c0)\n  - [Raccoon goes on drunken rampage in Virginia liquor store and passes out on bathroom floor](https:\/\/apnews.com\/article\/drunk-raccoon-liquor-store-bandit-virginia-5109feb2ea9ab9bf8954ec3798689fd0)\n- [Be Well](https:\/\/apnews.com\/hub\/be-well)\n  \n  SECTIONS\n  \n  [Trending](https:\/\/apnews.com\/hub\/be-well-trending) [Better health](https:\/\/apnews.com\/hub\/be-well-health) [At home](https:\/\/apnews.com\/hub\/be-well-living) [Working well](https:\/\/apnews.com\/hub\/working-well) [For the climate](https:\/\/apnews.com\/hub\/be-well-climate) [Eating well](https:\/\/apnews.com\/hub\/be-well-food)\n  \n  TOP STORIES\n  \n  - [Worries about flying seem to be taking off. Here's how to cope with in-flight anxiety](https:\/\/apnews.com\/article\/fear-of-flying-8e348402efc654a7248fb9fe4e5df852)\n  - [You aren't the only one who just sits in the car before or after a long day](https:\/\/apnews.com\/article\/car-idling-microbreaks-solitude-stress-habits-psychology-38470b22c06c7e5aaae1142ad78c6e55)\n  - [One Tech Tip: A new generation is reviving the iPod for distraction-free listening](https:\/\/apnews.com\/article\/ipod-music-streaming-iphone-a6a010a1d9001abb0580b7a1cebe9c13)\n- [Newsletters](https:\/\/apnews.com\/newsletters)\n- [Photography](https:\/\/apnews.com\/photography)\n  \n  SECTIONS\n  \n  [2025 YEAR END PHOTOS](https:\/\/apnews.com\/hub\/2025-year-end-photos) [Photo Essays](https:\/\/apnews.com\/hub\/photo-essays)\n  \n  TOP STORIES\n  \n  - [How a remote camera with a sound trigger captured the Artemis II launch - and startled birds](https:\/\/apnews.com\/article\/artemis-ii-launch-one-extraordinary-photo)\n  - [A photo captures black spots on clothespins that reveal the environmental toll of conflict in Tehran](https:\/\/apnews.com\/article\/iran-pollution-one-extraordinary-photo)\n  - [Inspired by Picasso, an AP photographer visualizes a blind person ‘seeing’ art](https:\/\/apnews.com\/article\/2025-picasso-art-blind-italy-extraordinary-photo)\n  \n  Newsletters\n  \n  [The World in Pictures Get The AP’s most compelling photographs sent directly to your inbox.](https:\/\/apnews.com\/newsletters?id=Photo+Gallery)\n  \n  [See All Newsletters](https:\/\/apnews.com\/newsletters)\n- [AP Investigations](https:\/\/apnews.com\/hub\/ap-investigations\/)\n- [Climate](https:\/\/apnews.com\/climate-and-environment)\n  \n  SECTIONS\n  \n  [Indigenous peoples and climate](https:\/\/apnews.com\/climate-and-environment\/indigenous-peoples-adapting-to-and-combatting-climate-change) [Climate Questions](https:\/\/apnews.com\/hub\/climate-questions) [Climate Migration](https:\/\/apnews.com\/hub\/climate-migration) [India Focus](https:\/\/apnews.com\/hub\/india-climate)\n  \n  TOP STORIES\n  \n  - [Developer of Massachusetts offshore wind farm sues to stop turbine manufacturer from walking away](https:\/\/apnews.com\/article\/offshore-wind-energy-climate-vineyard-wind-d4af076fa15263c3e6a4611f3f7b109b)\n  - [Photos of Brazilian Indigenous people as they unite to demand land rights](https:\/\/apnews.com\/photo-gallery\/brazil-amazon-rainforest-indigenous-protest-free-land-camp-photos-0329d961d1a76c626a00db18ef602192)\n  - [Coal's fortunes shift as Trump uses orders and taxpayer money to keep plants operating](https:\/\/apnews.com\/article\/trump-climate-coal-revival-9440fa44ad8f0cce0ef50b22e00cad8e)\n- [Health](https:\/\/apnews.com\/health)\n  \n  TOP STORIES\n  \n  - [Worries about flying seem to be taking off. Here's how to cope with in-flight anxiety](https:\/\/apnews.com\/article\/fear-of-flying-8e348402efc654a7248fb9fe4e5df852)\n  - [Too young for the MMR shot, babies become 'sitting ducks' in measles outbreaks](https:\/\/apnews.com\/article\/measles-vaccines-mmr-babies-south-carolina-outbreak-85b2ab8ec8baec808f258987b13af9dc)\n  - [You aren't the only one who just sits in the car before or after a long day](https:\/\/apnews.com\/article\/car-idling-microbreaks-solitude-stress-habits-psychology-38470b22c06c7e5aaae1142ad78c6e55)\n  - [RFK Jr is launching a podcast to expose 'lies' that have made Americans sick](https:\/\/apnews.com\/article\/rfk-jr-kennedy-podcast-hhs-secretary-trump-d097d0f51a17618d78d2f2a15a068ba5)\n  - [Women in perimenopause dealing with hot flashes and sleep issues are being courted to buy products](https:\/\/apnews.com\/article\/menopause-perimenopause-products-marketing-edd33e91895f0bbd1498d9697142a9cb)\n  - [Updated rules for CDC vaccine advisory panel reflect Kennedy skepticism](https:\/\/apnews.com\/article\/vaccine-committee-rules-update-acip-kennedy-cdc-88ef744cd223fc9b53b8f94f941f28d5)\n- [Tech](https:\/\/apnews.com\/technology)\n  \n  SECTIONS\n  \n  [Artificial Intelligence](https:\/\/apnews.com\/hub\/artificial-intelligence) [Social Media](https:\/\/apnews.com\/hub\/social-media)\n  \n  TOP STORIES\n  \n  - [Coachella looks like fun and glamour for influencers. Behind the scenes, they fiercely strategize](https:\/\/apnews.com\/article\/coachella-influencers-content-creators-d5b1d5c8c694b7be138de9f51c71f7f0)\n  - [Judge bars Arizona from regulating prediction market operators and pauses prosecution of Kalshi](https:\/\/apnews.com\/article\/arizona-kalshi-criminal-charges-prediction-markets-gambling-bb7cef24be5bd0d444bba670d2e41ceb)\n  - [States are struggling to meet their clean energy goals. Data centers are to blame](https:\/\/apnews.com\/article\/ai-data-centers-nevada-clean-energy-47d1b6633ed720962848f4b5b91e7d6b)\n- [Lifestyle](https:\/\/apnews.com\/lifestyle)\n  \n  SECTIONS\n  \n  [Food & Recipes](https:\/\/apnews.com\/hub\/recipes) [Gardening](https:\/\/apnews.com\/hub\/gardening) [Fashion](https:\/\/apnews.com\/hub\/fashion) [Homes](https:\/\/apnews.com\/hub\/homes) [Travel](https:\/\/apnews.com\/hub\/travel) [Pets](https:\/\/apnews.com\/hub\/pets)\n  \n  TOP STORIES\n  \n  - [For Chinese visa-seekers in the US, the path to good fortune lies in … Chick-fil-A?](https:\/\/apnews.com\/article\/china-student-visa-h1b-green-card-immigrant-talent-stem-0c86e70ae2074eb601eaf43001739c7b)\n  - [In post-WWII America, the Levittown house was a house for all — as long as you weren't Black](https:\/\/apnews.com\/article\/american-objects-250-levittown-house-51ede82b99174a73fb004fb5a48ed3ef)\n  - [Strawberry pots aren't just for the fruit. Its 'windows' make for striking, efficient displays](https:\/\/apnews.com\/article\/strawberry-pots-uses-gardening-herbs-b8db1adf1b39fe319f2a82b750161bdb)\n- [Religion](https:\/\/apnews.com\/religion)\n  \n  TOP STORIES\n  \n  - [From 'BuddhaBot' to \\$1.99 chats with AI Jesus, the faith-based tech boom is here](https:\/\/apnews.com\/article\/religious-chatbots-ai-technology-jesus-buddhabot-e1ed4832b25a23ee85292da681a0ec37)\n  - [In Congo, an unconventional Christian movement has existential lessons for the troubled nation](https:\/\/apnews.com\/article\/congo-kimbanguism-politics-rebellion-black-liberation-c7ba1dfff9e99e74d91840d9ba75f6f7)\n  - [Pope's Africa trip takes him to a source of growth for the church, and critical challenges](https:\/\/apnews.com\/article\/pope-vatican-africa-migration-e6330b8fe4fad2516f8cd8c1e257b446)\n  \n  Newsletters\n  \n  [World of Faith Comprehensive global coverage of how religion shapes our world.](https:\/\/apnews.com\/newsletters?id=World+of+Faith)\n  \n  [See All Newsletters](https:\/\/apnews.com\/newsletters)\n- [Español](https:\/\/apnews.com\/hub\/noticias)\n  \n  SECTIONS\n  \n  [Deportes](https:\/\/apnews.com\/hub\/deportes) [Donald Trump](https:\/\/apnews.com\/hub\/noticias\/donald-trump)\n  \n  TOP STORIES\n  \n  - 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The question remains: Why now?](https:\/\/apnews.com\/article\/donald-melania-trump-statement-epstein-521c939210345312c2cd9584aeb2afd3)\n  \n  Newsletters\n  \n  [Ground Game Exclusive insights and key stories from the world of politics.](https:\/\/apnews.com\/newsletters?id=Ground_Game)\n  \n  [See All Newsletters](https:\/\/apnews.com\/newsletters)\n- [Sports](https:\/\/apnews.com\/sports)\n  \n  SECTIONS\n  \n  [NBA](https:\/\/apnews.com\/hub\/nba) [MLB](https:\/\/apnews.com\/hub\/mlb) [NFL](https:\/\/apnews.com\/hub\/nfl) [Golf](https:\/\/apnews.com\/hub\/golf) [Soccer](https:\/\/apnews.com\/hub\/soccer) [NHL](https:\/\/apnews.com\/hub\/nhl) [Auto Racing](https:\/\/apnews.com\/hub\/auto-racing) [AP Top 25 College Football Poll](https:\/\/apnews.com\/hub\/ap-top-25-college-football-poll)\n  \n  TOP STORIES\n  \n  - [Ichiro Suzuki's statue unveiling has a mishap as bat snaps during ceremony](https:\/\/apnews.com\/article\/mariners-ichiro-statue-bat-7516f079961f7e9bc7a4c6ea7e6ec084)\n  - [Horse breaks its back and is euthanized after it won a Grand National steeplechase race](https:\/\/apnews.com\/article\/grand-national-horse-death-aintree-c2ea8d6450d66bcc227bab542220c0aa)\n  - [Rory McIlroy pulls away with birdie binge and sets Masters record with 6-shot lead at halfway mark](https:\/\/apnews.com\/article\/masters-rory-mcilroy-sam-burns-scottie-scheffler-7933f5985c6fb7480f222d381f4ff40c)\n  \n  Newsletters\n  \n  [AP Top 25 Poll Alerts Get email alerts for every college football Top 25 Poll release.](https:\/\/apnews.com\/newsletters?id=AP_CFB_Top_25_Poll_Alerts)\n  \n  [The Sports Wire Your home base for in-depth reporting from the world of sports.](https:\/\/apnews.com\/newsletters?id=Sports+HQ)\n  \n  [See All Newsletters](https:\/\/apnews.com\/newsletters)\n- [Entertainment](https:\/\/apnews.com\/entertainment)\n  \n  SECTIONS\n  \n  [Movies](https:\/\/apnews.com\/hub\/movies) [Fashion](https:\/\/apnews.com\/hub\/fashion) [Television](https:\/\/apnews.com\/hub\/television) [Celebrity Interviews](https:\/\/apnews.com\/hub\/celebrity-interviews\/) [Music](https:\/\/apnews.com\/hub\/music) [Books](https:\/\/apnews.com\/hub\/books-and-literature)\n  \n  TOP STORIES\n  \n  - ['Euphoria,' returning for a third season, launched a generation of new stars](https:\/\/apnews.com\/article\/euphoria-cast-zendaya-jacob-elordi-c08aa5c1486bf5d6ee1d38e3cb13eecb)\n  - [Rapper Offset released from the hospital after being shot outside a Florida casino](https:\/\/apnews.com\/article\/offset-migos-rapper-hospital-shooting-811c286d36e79aadae90713f1a55f359)\n  \n  Newsletters\n  \n  [AP Entertainment Wire Get AP's first personalized newsletter delivering you entertainment news twice a week.](https:\/\/apnews.com\/newsletters?id=AP+Entertainment+Wire)\n  \n  [See All Newsletters](https:\/\/apnews.com\/newsletters)\n- [Business](https:\/\/apnews.com\/business)\n  \n  SECTIONS\n  \n  [Tariffs](https:\/\/apnews.com\/hub\/tariffs) [Inflation](https:\/\/apnews.com\/hub\/inflation) [Financial Markets](https:\/\/apnews.com\/hub\/financial-markets) [Financial Wellness](https:\/\/apnews.com\/hub\/financial-wellness) [Technology](https:\/\/apnews.com\/technology)\n  \n  TOP STORIES\n  \n  - [Federal judge extends restraining order on \\$6.2B merger of local TV giants Nexstar and Tegna](https:\/\/apnews.com\/article\/nexstar-tenga-tv-merger-settlement-fcc-lawsuit-72bdd9927bef9d7a0a014eda13d32ff1)\n  - [Buyers fret as the average cost of a new car nears \\$50K](https:\/\/apnews.com\/article\/car-shopping-affordability-midterms-83ae4eb1a57056539d42bb330fa4dfbd)\n  - [Federal court hears new case against Trump's latest global tariffs](https:\/\/apnews.com\/article\/trump-tariffs-lawsuit-trade-612954e80e705c48c3ef82e87c6078a3)\n- [Science](https:\/\/apnews.com\/science)\n  \n  SECTIONS\n  \n  [Space](https:\/\/apnews.com\/hub\/space) [Animals](https:\/\/apnews.com\/hub\/animals) [The Ancient World](https:\/\/apnews.com\/hub\/archaeology-and-anthropology) [Climate](https:\/\/apnews.com\/climate-and-environment) [Medicine](https:\/\/apnews.com\/health)\n  \n  TOP STORIES\n  \n  - [Artemis II’s record-breaking journey around the moon ends with dramatic splashdown](https:\/\/apnews.com\/article\/nasa-artemis-astronauts-moon-splashdown-16adc5450f0127a0743292ef30b239f1)\n  - [El histórico viaje de Artemis II alrededor de la Luna termina con un dramático amerizaje](https:\/\/apnews.com\/article\/nasa-artemis-luna-mision-regreso-tierra-7d8b2f09ba571ed88021beb57cb9c5ca)\n- [Fact Check](https:\/\/apnews.com\/ap-fact-check)\n- [Oddities](https:\/\/apnews.com\/oddities)\n  \n  TOP STORIES\n  \n  - [Viral phenomenon in Argentina has young people identifying themselves as animals](https:\/\/apnews.com\/article\/argentina-teenagers-identifying-as-animals-therians-tiktok-54d158c4842f6515e31d83a260cdf31f)\n  - [Auto shop owner who paid worker in 91,500 oily pennies ordered to pay nearly \\$40,000 more](https:\/\/apnews.com\/article\/pennies-paycheck-labor-auto-dce543f0d6fd3ed64fa1e689d2701f17)\n  - [People 'bathe' in nature to get respite from chaotic news cycle](https:\/\/apnews.com\/article\/forest-bathing-stress-relief-77807628ff6af6b8925c019b41a125bc)\n  - [Chesney the kangaroo scales tall fence and flees petting zoo for three days on the lam](https:\/\/apnews.com\/article\/kangaroo-petting-zoo-wisconsin-escape-e5368b274706c2051fab54a73de8c777)\n  - [A red fox stows away on a cargo ship, traveling from England to the US](https:\/\/apnews.com\/article\/fox-stowaway-ship-england-us-bronx-zoo-fd4c5eaef207d8fffc6408f7671867c0)\n  - [Raccoon goes on drunken rampage in Virginia liquor store and passes out on bathroom floor](https:\/\/apnews.com\/article\/drunk-raccoon-liquor-store-bandit-virginia-5109feb2ea9ab9bf8954ec3798689fd0)\n- [Be Well](https:\/\/apnews.com\/hub\/be-well)\n  \n  SECTIONS\n  \n  [Trending](https:\/\/apnews.com\/hub\/be-well-trending) [Better health](https:\/\/apnews.com\/hub\/be-well-health) [At home](https:\/\/apnews.com\/hub\/be-well-living) [Working well](https:\/\/apnews.com\/hub\/working-well) [For the climate](https:\/\/apnews.com\/hub\/be-well-climate) [Eating well](https:\/\/apnews.com\/hub\/be-well-food)\n  \n  TOP STORIES\n  \n  - [Worries about flying seem to be taking off. Here's how to cope with in-flight anxiety](https:\/\/apnews.com\/article\/fear-of-flying-8e348402efc654a7248fb9fe4e5df852)\n  - [You aren't the only one who just sits in the car before or after a long day](https:\/\/apnews.com\/article\/car-idling-microbreaks-solitude-stress-habits-psychology-38470b22c06c7e5aaae1142ad78c6e55)\n  - [One Tech Tip: A new generation is reviving the iPod for distraction-free listening](https:\/\/apnews.com\/article\/ipod-music-streaming-iphone-a6a010a1d9001abb0580b7a1cebe9c13)\n- [Newsletters](https:\/\/apnews.com\/newsletters)\n- [Photography](https:\/\/apnews.com\/photography)\n  \n  SECTIONS\n  \n  [2025 YEAR END PHOTOS](https:\/\/apnews.com\/hub\/2025-year-end-photos) [Photo Essays](https:\/\/apnews.com\/hub\/photo-essays)\n  \n  TOP STORIES\n  \n  - [How a remote camera with a sound trigger captured the Artemis II launch - and startled birds](https:\/\/apnews.com\/article\/artemis-ii-launch-one-extraordinary-photo)\n  - [A photo captures black spots on clothespins that reveal the environmental toll of conflict in Tehran](https:\/\/apnews.com\/article\/iran-pollution-one-extraordinary-photo)\n  - [Inspired by Picasso, an AP photographer visualizes a blind person ‘seeing’ art](https:\/\/apnews.com\/article\/2025-picasso-art-blind-italy-extraordinary-photo)\n  \n  Newsletters\n  \n  [The World in Pictures Get The AP’s most compelling photographs sent directly to your inbox.](https:\/\/apnews.com\/newsletters?id=Photo+Gallery)\n  \n  [See All Newsletters](https:\/\/apnews.com\/newsletters)\n- [AP Investigations](https:\/\/apnews.com\/hub\/ap-investigations\/)\n- [Climate](https:\/\/apnews.com\/climate-and-environment)\n  \n  SECTIONS\n  \n  [Indigenous peoples and climate](https:\/\/apnews.com\/climate-and-environment\/indigenous-peoples-adapting-to-and-combatting-climate-change) [Climate Questions](https:\/\/apnews.com\/hub\/climate-questions) [Climate Migration](https:\/\/apnews.com\/hub\/climate-migration) [India Focus](https:\/\/apnews.com\/hub\/india-climate)\n  \n  TOP STORIES\n  \n  - [Developer of Massachusetts offshore wind farm sues to stop turbine manufacturer from walking away](https:\/\/apnews.com\/article\/offshore-wind-energy-climate-vineyard-wind-d4af076fa15263c3e6a4611f3f7b109b)\n  - [Photos of Brazilian Indigenous people as they unite to demand land rights](https:\/\/apnews.com\/photo-gallery\/brazil-amazon-rainforest-indigenous-protest-free-land-camp-photos-0329d961d1a76c626a00db18ef602192)\n  - [Coal's fortunes shift as Trump uses orders and taxpayer money to keep plants operating](https:\/\/apnews.com\/article\/trump-climate-coal-revival-9440fa44ad8f0cce0ef50b22e00cad8e)\n- [Health](https:\/\/apnews.com\/health)\n  \n  TOP STORIES\n  \n  - [Worries about flying seem to be taking off. Here's how to cope with in-flight anxiety](https:\/\/apnews.com\/article\/fear-of-flying-8e348402efc654a7248fb9fe4e5df852)\n  - [Too young for the MMR shot, babies become 'sitting ducks' in measles outbreaks](https:\/\/apnews.com\/article\/measles-vaccines-mmr-babies-south-carolina-outbreak-85b2ab8ec8baec808f258987b13af9dc)\n  - [You aren't the only one who just sits in the car before or after a long day](https:\/\/apnews.com\/article\/car-idling-microbreaks-solitude-stress-habits-psychology-38470b22c06c7e5aaae1142ad78c6e55)\n  - [RFK Jr is launching a podcast to expose 'lies' that have made Americans sick](https:\/\/apnews.com\/article\/rfk-jr-kennedy-podcast-hhs-secretary-trump-d097d0f51a17618d78d2f2a15a068ba5)\n  - [Women in perimenopause dealing with hot flashes and sleep issues are being courted to buy products](https:\/\/apnews.com\/article\/menopause-perimenopause-products-marketing-edd33e91895f0bbd1498d9697142a9cb)\n  - [Updated rules for CDC vaccine advisory panel reflect Kennedy skepticism](https:\/\/apnews.com\/article\/vaccine-committee-rules-update-acip-kennedy-cdc-88ef744cd223fc9b53b8f94f941f28d5)\n- [Tech](https:\/\/apnews.com\/technology)\n  \n  SECTIONS\n  \n  [Artificial Intelligence](https:\/\/apnews.com\/hub\/artificial-intelligence) [Social Media](https:\/\/apnews.com\/hub\/social-media)\n  \n  TOP STORIES\n  \n  - [Coachella looks like fun and glamour for influencers. Behind the scenes, they fiercely strategize](https:\/\/apnews.com\/article\/coachella-influencers-content-creators-d5b1d5c8c694b7be138de9f51c71f7f0)\n  - [Judge bars Arizona from regulating prediction market operators and pauses prosecution of Kalshi](https:\/\/apnews.com\/article\/arizona-kalshi-criminal-charges-prediction-markets-gambling-bb7cef24be5bd0d444bba670d2e41ceb)\n  - [States are struggling to meet their clean energy goals. Data centers are to blame](https:\/\/apnews.com\/article\/ai-data-centers-nevada-clean-energy-47d1b6633ed720962848f4b5b91e7d6b)\n- [Lifestyle](https:\/\/apnews.com\/lifestyle)\n  \n  SECTIONS\n  \n  [Food & Recipes](https:\/\/apnews.com\/hub\/recipes) [Gardening](https:\/\/apnews.com\/hub\/gardening) [Fashion](https:\/\/apnews.com\/hub\/fashion) [Homes](https:\/\/apnews.com\/hub\/homes) [Travel](https:\/\/apnews.com\/hub\/travel) [Pets](https:\/\/apnews.com\/hub\/pets)\n  \n  TOP STORIES\n  \n  - [For Chinese visa-seekers in the US, the path to good fortune lies in … Chick-fil-A?](https:\/\/apnews.com\/article\/china-student-visa-h1b-green-card-immigrant-talent-stem-0c86e70ae2074eb601eaf43001739c7b)\n  - [In post-WWII America, the Levittown house was a house for all — as long as you weren't Black](https:\/\/apnews.com\/article\/american-objects-250-levittown-house-51ede82b99174a73fb004fb5a48ed3ef)\n  - [Strawberry pots aren't just for the fruit. Its 'windows' make for striking, efficient displays](https:\/\/apnews.com\/article\/strawberry-pots-uses-gardening-herbs-b8db1adf1b39fe319f2a82b750161bdb)\n- [Religion](https:\/\/apnews.com\/religion)\n  \n  TOP STORIES\n  \n  - [From 'BuddhaBot' to \\$1.99 chats with AI Jesus, the faith-based tech boom is here](https:\/\/apnews.com\/article\/religious-chatbots-ai-technology-jesus-buddhabot-e1ed4832b25a23ee85292da681a0ec37)\n  - [In Congo, an unconventional Christian movement has existential lessons for the troubled nation](https:\/\/apnews.com\/article\/congo-kimbanguism-politics-rebellion-black-liberation-c7ba1dfff9e99e74d91840d9ba75f6f7)\n  - [Pope's Africa trip takes him to a source of growth for the church, and critical challenges](https:\/\/apnews.com\/article\/pope-vatican-africa-migration-e6330b8fe4fad2516f8cd8c1e257b446)\n  \n  Newsletters\n  \n  [World of Faith Comprehensive global coverage of how religion shapes our world.](https:\/\/apnews.com\/newsletters?id=World+of+Faith)\n  \n  [See All Newsletters](https:\/\/apnews.com\/newsletters)\n- [Español](https:\/\/apnews.com\/hub\/noticias)\n  \n  SECTIONS\n  \n  [Deportes](https:\/\/apnews.com\/hub\/deportes) [Donald Trump](https:\/\/apnews.com\/hub\/noticias\/donald-trump)\n  \n  TOP STORIES\n  \n  - 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All Rights Reserved.\n\n[Tariffs](https:\/\/apnews.com\/hub\/tariffs)\n\n[Supreme Court strikes down tariffs](https:\/\/apnews.com\/live\/supreme-court-tariff-ruling-updates)\n\n[Reactions](https:\/\/apnews.com\/article\/trump-tariffs-court-france-korea-mexico-5269dba3c94ef58e57ff533a7527a74d)\n\n[15% global tariff](https:\/\/apnews.com\/article\/trump-tariff-truth-social-872c8f04112a8991d8aa6ae5005767b6)\n\n[What could come next](https:\/\/apnews.com\/article\/trump-tariffs-supreme-court-whats-next-b8b6d5d44ebb3640a88f7202754cb361)\n\n[Business](https:\/\/apnews.com\/business)\n\n# Trump’s trade wars deepen as China retaliates and markets fall. Here’s what to know\n\n## Trump’s trade wars deepen as China retaliates and markets fall. Here’s what to know\n![President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, Wednesday, April 2, 2025, in Washington, as Commerce Secretary Howard Lutnick listens. (AP Photo\/Mark Schiefelbein)](https:\/\/dims.apnews.com\/dims4\/default\/a7749a5\/2147483647\/strip\/true\/crop\/5616x3744+0+0\/resize\/599x399!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2F7a%2Fc8%2F9790b744ae8d10216eef2f0a182b%2F3509100eb19146d090d4b2eeace51f7c)\n\n1 of 5 \\|\n\nPresident Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, Wednesday, April 2, 2025, in Washington, as Commerce Secretary Howard Lutnick listens. (AP Photo\/Mark Schiefelbein)\n\nRead More\n\n![A woman carrying a child stands near Apple and Nike stores in Beijing, China, Friday, April 4, 2025. (AP Photo\/Ng Han Guan)](https:\/\/dims.apnews.com\/dims4\/default\/d5475f2\/2147483647\/strip\/true\/crop\/8640x5760+0+0\/resize\/599x399!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2Fee%2F51%2Fabf59c23c45c502bf15c13eb8617%2Fb824a18137204947ba02723df2b253f2)\n\n2 of 5 \\|\n\nA woman carrying a child stands near Apple and Nike stores in Beijing, China, Friday, April 4, 2025. (AP Photo\/Ng Han Guan)\n\nRead More\n\n![Workers labor on the production line of towels at a textile manufacturer in Huai'an city in east China's Jiangsu province, Wednesday, April 2, 2025. (Chinatopix Via AP)](https:\/\/dims.apnews.com\/dims4\/default\/8c6e323\/2147483647\/strip\/true\/crop\/5295x3615+0+0\/resize\/599x409!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2Fe4%2F64%2F0e8ceee87dbbd0b637d1d3dfb6ba%2Ff8c3a0a908b341c8873831c6ea61625d)\n\n3 of 5 \\|\n\nWorkers labor on the production line of towels at a textile manufacturer in Huai’an city in east China’s Jiangsu province, Wednesday, April 2, 2025. (Chinatopix Via AP)\n\nRead More\n\n![Trader Edward McCarthy works on the floor of the New York Stock Exchange, Friday, April 4, 2025. (AP Photo\/Richard Drew)](https:\/\/dims.apnews.com\/dims4\/default\/3cb26c8\/2147483647\/strip\/true\/crop\/4079x2719+0+0\/resize\/599x399!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2Fbb%2Fcd%2F1b932e6c88071ac9595abe499c92%2F2fd267d3439b43478cfb4c0809bc607b)\n\n4 of 5 \\|\n\nTrader Edward McCarthy works on the floor of the New York Stock Exchange, Friday, April 4, 2025. (AP Photo\/Richard Drew)\n\nRead More\n\n![President Donald Trump walks to board Marine One after speaking with reporters on the South Lawn of the White House, Thursday, April 3, 2025, in Washington. (AP Photo\/Evan Vucci)](https:\/\/dims.apnews.com\/dims4\/default\/e9eac50\/2147483647\/strip\/true\/crop\/6000x4000+0+0\/resize\/599x399!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2F6b%2F2b%2F6ec2f09641c357bc2797523ed1f3%2F26f7dc7a89bc45639b1bba4c2fff526b)\n\n5 of 5 \\|\n\nPresident Donald Trump walks to board Marine One after speaking with reporters on the South Lawn of the White House, Thursday, April 3, 2025, in Washington. (AP Photo\/Evan Vucci)\n\nRead More\n\nBy [WYATTE GRANTHAM-PHILIPS](https:\/\/apnews.com\/author\/wyatte-grantham-philips)\n\nUpdated 8:30 PM GMT, April 4, 2025\n\nAdd AP News on Google\n\nAdd AP News as your preferred source to see more of our stories on Google.\n\nShare\n\n![Comments](https:\/\/dims.apnews.com\/dims4\/default\/4f4506e\/2147483647\/strip\/true\/crop\/112x119+0+0\/resize\/112x119!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2F8c%2F0d%2F15433a314663a3ae8a349ee0d9fa%2Fveifora-comment-icon.png)\n\nShare\n\n- [Facebook](https:\/\/www.facebook.com\/dialog\/share?app_id=870613919693099&display=popup&href=https%3A%2F%2Fapnews.com%2Farticle%2Ftariffs-trump-trade-war-what-to-know-e40e9eae3fa951438a764733cc55c5b8%3Futm_source%3DFacebook%26utm_medium%3Dshare)\n- Copy\n  \n  Link copied\n- [Email](mailto:?body=Trump%27s%20trade%20wars%20deepen%20as%20China%20retaliates%20and%20markets%20fall.%20Here%27s%20what%20to%20know%0A%0Ahttps%3A%2F%2Fapnews.com%2Farticle%2Ftariffs-trump-trade-war-what-to-know-e40e9eae3fa951438a764733cc55c5b8%3Futm_source%3DEmail%26utm_medium%3Dshare%0A%0AThe%20trade%20wars%20launched%20by%20U.S.%20President%20Donald%20Trump%20are%20escalating%20to%20new%20heights.%20Just%20days%20after%20Trump%20unveiled%20sweeping%20new%20%E2%80%9Creciprocal%E2%80%9D%20tariffs%20on%20imports%20from%20around%20the%20world%2C%20China%20levied%20a%20retaliatory%2034%25%20tariff%20on%20all%20U.S.%20products%20starting%20April%2010.)\n- [X](https:\/\/twitter.com\/intent\/tweet?url=https%3A%2F%2Fapnews.com%2Farticle%2Ftariffs-trump-trade-war-what-to-know-e40e9eae3fa951438a764733cc55c5b8%3Futm_source%3Dtwitter%26utm_medium%3Dshare&text=Trump%27s%20trade%20wars%20deepen%20as%20China%20retaliates%20and%20markets%20fall.%20Here%27s%20what%20to%20know)\n- [LinkedIn](https:\/\/apnews.com\/article\/tariffs-trump-trade-war-what-to-know-e40e9eae3fa951438a764733cc55c5b8)\n- [Bluesky](https:\/\/bsky.app\/intent\/compose?text=https%3A%2F%2Fapnews.com%2Farticle%2Ftariffs-trump-trade-war-what-to-know-e40e9eae3fa951438a764733cc55c5b8%3Futm_source%3Dbluesky%26utm_medium%3Dshare%26nbsp%3B%3Cbr%3ETrump%27s%20trade%20wars%20deepen%20as%20China%20retaliates%20and%20markets%20fall.%20Here%27s%20what%20to%20know)\n- [Flipboard](https:\/\/share.flipboard.com\/bookmarklet\/popout?v=2&title=Trump%27s%20trade%20wars%20deepen%20as%20China%20retaliates%20and%20markets%20fall.%20Here%27s%20what%20to%20know&url=https%3A%2F%2Fapnews.com%2Farticle%2Ftariffs-trump-trade-war-what-to-know-e40e9eae3fa951438a764733cc55c5b8%3Futm_source%3DFlipboard%20Share%26utm_medium%3Dshare)\n- [Pinterest](https:\/\/pinterest.com\/pin\/create\/bookmarklet\/?url=https%3A%2F%2Fapnews.com%2Farticle%2Ftariffs-trump-trade-war-what-to-know-e40e9eae3fa951438a764733cc55c5b8%3Futm_source%3DPinterest%26utm_medium%3Dshare&description=Trump%27s%20trade%20wars%20deepen%20as%20China%20retaliates%20and%20markets%20fall.%20Here%27s%20what%20to%20know&media=https:\/\/assets.apnews.com\/7a\/c8\/9790b744ae8d10216eef2f0a182b\/3509100eb19146d090d4b2eeace51f7c)\n- [Reddit](https:\/\/www.reddit.com\/submit?url=https%3A%2F%2Fapnews.com%2Farticle%2Ftariffs-trump-trade-war-what-to-know-e40e9eae3fa951438a764733cc55c5b8%3Futm_source%3Dreddit%26utm_medium%3Dshare&title=Reddit%20Share)\n\nNEW YORK (AP) — The [trade wars](https:\/\/apnews.com\/hub\/tariffs) launched by U.S. President Donald Trump have escalated to new heights.\n\nJust days after Trump unveiled sweeping new [“reciprocal”](https:\/\/apnews.com\/article\/trump-new-tariffs-rates-trade-imbalances-math-19b0cfb6bdc8ad152d27546fe64d0075) tariffs on imports from around the world, China on Friday levied a retaliatory [34% tariff on all U.S. products](https:\/\/apnews.com\/article\/china-tariff-trade-trump-earths-02cd23e913649f32985f075058e787c4) starting April 10. Stock markets worldwide plummeted, with the S\\&P 500 [closing its worst week](https:\/\/apnews.com\/article\/market-rates-trump-tariffs-d86db525c370e9da834e6dfb76e23b86) since COVID-19 upended the global economy in 2020.\n\nEconomists warn that the tariffs [will raise the prices](https:\/\/apnews.com\/article\/tariffs-consumer-impact-workers-prices-ba862da51b51ae1afdfae08bf02c2449) of products consumers buy each day — from the grocery aisle to car repairs. As businesses face higher costs, some say economies worldwide could see slowed hiring, layoffs and lower incomes down the road — heightening fears about future economic growth and widening inequality.\n\nMeanwhile, Trump has doubled down on his [commitment to tariffs](https:\/\/apnews.com\/article\/trump-tariffs-going-very-well-a3b863fb7879878552bda48098c31b50), maintaining that his new levies will bring trillions of dollars of investment to the U.S. [while also criticizing](https:\/\/apnews.com\/article\/us-tariffs-trump-asia-china-europe-2c40881f1fe8f04624100c12d8d05296) other countries’ retaliatory measures.\n\nHere’s what we know about the latest developments.\n\n![Workers labor on the production line of towels at a textile manufacturer in Huai'an city in east China's Jiangsu province, Wednesday, April 2, 2025. (Chinatopix Via AP)](https:\/\/dims.apnews.com\/dims4\/default\/8c6e323\/2147483647\/strip\/true\/crop\/5295x3615+0+0\/resize\/599x409!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2Fe4%2F64%2F0e8ceee87dbbd0b637d1d3dfb6ba%2Ff8c3a0a908b341c8873831c6ea61625d)\n\nWorkers labor on the production line of towels at a textile manufacturer in Huai’an city in east China’s Jiangsu province, Wednesday, April 2, 2025. (Chinatopix Via AP)\n\nRead More\n\nRelated Stories\n\n[![President Donald Trump speaks with reporters in the James Brady Press Briefing Room at the White House, Monday, April 6, 2026, in Washington. (AP Photo\/Alex Brandon)](https:\/\/dims.apnews.com\/dims4\/default\/94d08fb\/2147483647\/strip\/true\/crop\/3736x2491+0+0\/resize\/599x399!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2Fe3%2F64%2F56cae99109ce94b313b394eefa30%2F453a2e820d994151955b4535595cfb56)](https:\/\/apnews.com\/article\/trump-tariffs-lawsuit-trade-612954e80e705c48c3ef82e87c6078a3)\n\n[Federal court hears new case against Trump’s latest global tariffs](https:\/\/apnews.com\/article\/trump-tariffs-lawsuit-trade-612954e80e705c48c3ef82e87c6078a3)\n\n3 MIN READ\n\n[![BYD's electric vehicle ATTO2 is on display during the Bangkok Motor Show in Nonthaburi, Thailand, Wednesday, April 1, 2026. 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He’s argued that raising import taxes will bring manufacturing back to the U.S. and protect domestic industries from unfair foreign competition.\n\nNone have been more sweeping than his [long-threatened “reciprocal” tariffs](https:\/\/apnews.com\/article\/trump-tariffs-economic-impact-trade-markets-3e38352ab5693852bfd9bc8dd2ac2d56) unveiled on Wednesday.\n\nThe new tariffs will hike taxes on products imported from nearly all of America’s trading partners — with Trump declaring a minimum tariff of 10% across the board and higher rates for dozens of nations that run trade surpluses with the U.S.\n\nThe steeper levies run as high as 50% — with the biggest “reciprocal” rates landing on small economies that trade little with the U.S., including the [African kingdom of Lesotho](https:\/\/apnews.com\/article\/lesotho-us-trump-tariffs-b337efa47290e889aa076cc9ede7bc9d). Other notable rates include a 20% tax on imports from the European Union, 25% on South Korea, 24% on Japan and 32% on Taiwan. The tariffs build on some of Trump’s previous measures. His “reciprocal’’ tariff of 34% on China, for example, builds on 20% levies imposed earlier this year.\n\n![A woman carrying a child stands near Apple and Nike stores in Beijing, China, Friday, April 4, 2025. (AP Photo\/Ng Han Guan)](https:\/\/dims.apnews.com\/dims4\/default\/d5475f2\/2147483647\/strip\/true\/crop\/8640x5760+0+0\/resize\/599x399!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2Fee%2F51%2Fabf59c23c45c502bf15c13eb8617%2Fb824a18137204947ba02723df2b253f2)\n\nA woman carrying a child stands near Apple and Nike stores in Beijing, China, Friday, April 4, 2025. (AP Photo\/Ng Han Guan)\n\nRead More\n## How has China responded?\nChina on Friday announced a flurry of other retaliatory measures in addition to the planned 34% tariff on U.S. goods.\n\nThe Commerce Ministry in Beijing said it would impose more export controls on rare earths, which are materials used in high-tech products like computer chips and electric vehicle batteries. And China’s customs administration said it had suspended imports of [chicken from two U.S. suppliers](https:\/\/apnews.com\/article\/us-tariffs-trump-asia-china-europe-2c40881f1fe8f04624100c12d8d05296), Mountaire Farms of Delaware and Coastal Processing.\n\nChina also filed a lawsuit with the World Trade Organization, saying the U.S. tariffs were “a typical unilateral bullying practice that endangers the stability of the global economic and trade order.”\n\nBeijing also added 27 firms to lists of companies subject to trade sanctions or export controls.\n\nThe trade war between the U.S. and China isn’t new. The two countries exchanged a [series of tit-for-tat levies](https:\/\/apnews.com\/article\/china-us-tariffs-timeline-trump-xi-08b5d468e61ba15e760563ef0186b2bb) in recent months — on top of tariffs imposed during Trump’s first term, many of which were preserved or added to under former President Joe Biden.\n\nWhile China has taken the toughest approach so far, several countries signaled upcoming responses to Trump’s “reciprocal” tariffs. The EU’s European Commission is among those that have vowed to fight back while promising to improve the free trade rulebook. Others may be hoping to negotiate for relief. Trump said Friday that he had a “very productive call” with Vietnamese leader [To Lam](https:\/\/apnews.com\/article\/vietnam-f690125a18a92f088f49af82ee85d294) and claimed the country wants to eliminate its tariffs on U.S. goods if it can make a deal.\n\n![Trader Edward McCarthy works on the floor of the New York Stock Exchange, Friday, April 4, 2025. (AP Photo\/Richard Drew)](https:\/\/dims.apnews.com\/dims4\/default\/3cb26c8\/2147483647\/strip\/true\/crop\/4079x2719+0+0\/resize\/599x399!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2Fbb%2Fcd%2F1b932e6c88071ac9595abe499c92%2F2fd267d3439b43478cfb4c0809bc607b)\n\nTrader Edward McCarthy works on the floor of the New York Stock Exchange, Friday, April 4, 2025. (AP Photo\/Richard Drew)\n\nRead More\n## Is the stock market continuing to fall?\nYes. Trump’s trade actions have roiled financial markets worldwide in recent months, and they careened even lower on Friday.\n\nWall Street’s worst crisis since the COVID-19 crash deepened on Friday. Not even a [better-than-expected U.S. jobs report](https:\/\/apnews.com\/article\/jobs-economy-unemployment-inflation-federal-reserve-trump-d43b08bda57cb5d90b5bac1f092e1f3d), usually the economic highlight of each month, was enough to stop the slide. The S\\&P 500 tumbled 6% and the Dow Jones Industrial Average plunged 2,231 points, or 5.5%. The Nasdaq composite also dropped 5.8%\n\nEuropean stocks also saw some of the day’s biggest losses, with indexes sinking roughly 5%. The price of crude oil tumbled to its lowest level since 2021. Other basic building blocks for economic growth, such as copper, also saw prices slide on worries that the trade war will weaken the global economy.\n\n![President Donald Trump walks to board Marine One after speaking with reporters on the South Lawn of the White House, Thursday, April 3, 2025, in Washington. (AP Photo\/Evan Vucci)](https:\/\/dims.apnews.com\/dims4\/default\/e9eac50\/2147483647\/strip\/true\/crop\/6000x4000+0+0\/resize\/599x399!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2F6b%2F2b%2F6ec2f09641c357bc2797523ed1f3%2F26f7dc7a89bc45639b1bba4c2fff526b)\n\nPresident Donald Trump walks to board Marine One after speaking with reporters on the South Lawn of the White House, Thursday, April 3, 2025, in Washington. (AP Photo\/Evan Vucci)\n\nRead More\n## What is Trump saying about all of this?\nTrump [has insisted](https:\/\/apnews.com\/article\/donald-trump-tariffs-golf-813c7a300021445636f63fddbfd38c83) he isn’t changing his trade policies — describing them as a painful yet necessary step to encourage companies to relocate their operations to the U.S.\n\nAfter stocks plunged on Thursday, he maintained that things are “going very well” and said both the markets and the country were “going to boom” from the tariffs.\n\nTrump on Friday defended tariffs again on his social media platform Truth Social.\n\n“IT’S ALREADY WORKING. HANG TOUGH, WE CAN’T LOSE!!!” he wrote.\n\nTrump was swift to criticize Beijing’s move, claiming that China panicked and “PLAYED IT WRONG ... THE ONE THING THEY CANNOT AFFORD TO DO!”\n\nMeanwhile, others continue to warn that the scale of Trump’s tariffs could backfire. Federal Reserve Chair Jerome Powell [said Friday](https:\/\/apnews.com\/article\/tariffs-inflation-economy-trump-powell-490417656971634592bbeb3b2ade3593) that the tariffs were “significantly larger than expected” and are “highly likely” to cause more inflation — at least in the short term but possibly in the long term as well.\n\n\\_\\_\\_\\_\\_\\_\\_\n\nAP Business Writers Paul Wiseman in Washington, Elaine Kurtenbach in Bangkok and Stan Choe in New York contributed to this report.\n\n[WYATTE GRANTHAM-PHILIPS](https:\/\/apnews.com\/author\/wyatte-grantham-philips)\n\nGrantham-Philips is a business reporter who covers trending news for The Associated Press. She is based in New York.\n\n[twitter](https:\/\/twitter.com\/wyatte_gp)\n\n[mailto](mailto:wgranthamphilips@ap.org)\n\n## Conversation\nFollow this conversation to be notified when new comments are postedfollow\n\nLog in\n\n\\|\n\nSign up\n\nAll comments are subject to our [Community Guidelines](https:\/\/apnews.com\/community-guidelines).  \nPlease note that comments are not moderated immediately — every post is reviewed before appearing publicly to ensure it meets our community guidelines. 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All Rights Reserved.\n\n- [twitter](https:\/\/twitter.com\/AP)\n- [instagram](https:\/\/www.instagram.com\/apnews\/)\n- [facebook](https:\/\/www.facebook.com\/APNews)\n\n![](https:\/\/sb.scorecardresearch.com\/p?c1=2&c2=3005041&cv=4.4.0&cj=1&comscorekw=Business)","attrs_readable_markdown":"Updated 8:30 PM GMT, April 4, 2025\n\nNEW YORK (AP) — The [trade wars](https:\/\/apnews.com\/hub\/tariffs) launched by U.S. President Donald Trump have escalated to new heights.\n\nJust days after Trump unveiled sweeping new [“reciprocal”](https:\/\/apnews.com\/article\/trump-new-tariffs-rates-trade-imbalances-math-19b0cfb6bdc8ad152d27546fe64d0075) tariffs on imports from around the world, China on Friday levied a retaliatory [34% tariff on all U.S. products](https:\/\/apnews.com\/article\/china-tariff-trade-trump-earths-02cd23e913649f32985f075058e787c4) starting April 10. Stock markets worldwide plummeted, with the S\\&P 500 [closing its worst week](https:\/\/apnews.com\/article\/market-rates-trump-tariffs-d86db525c370e9da834e6dfb76e23b86) since COVID-19 upended the global economy in 2020.\n\nEconomists warn that the tariffs [will raise the prices](https:\/\/apnews.com\/article\/tariffs-consumer-impact-workers-prices-ba862da51b51ae1afdfae08bf02c2449) of products consumers buy each day — from the grocery aisle to car repairs. As businesses face higher costs, some say economies worldwide could see slowed hiring, layoffs and lower incomes down the road — heightening fears about future economic growth and widening inequality.\n\nMeanwhile, Trump has doubled down on his [commitment to tariffs](https:\/\/apnews.com\/article\/trump-tariffs-going-very-well-a3b863fb7879878552bda48098c31b50), maintaining that his new levies will bring trillions of dollars of investment to the U.S. [while also criticizing](https:\/\/apnews.com\/article\/us-tariffs-trump-asia-china-europe-2c40881f1fe8f04624100c12d8d05296) other countries’ retaliatory measures.\n\nHere’s what we know about the latest developments.\n\n![Workers labor on the production line of towels at a textile manufacturer in Huai'an city in east China's Jiangsu province, Wednesday, April 2, 2025. (Chinatopix Via AP)](https:\/\/dims.apnews.com\/dims4\/default\/8c6e323\/2147483647\/strip\/true\/crop\/5295x3615+0+0\/resize\/599x409!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2Fe4%2F64%2F0e8ceee87dbbd0b637d1d3dfb6ba%2Ff8c3a0a908b341c8873831c6ea61625d)\n\nWorkers labor on the production line of towels at a textile manufacturer in Huai’an city in east China’s Jiangsu province, Wednesday, April 2, 2025. (Chinatopix Via AP)\n\n[![President Donald Trump speaks with reporters in the James Brady Press Briefing Room at the White House, Monday, April 6, 2026, in Washington. (AP Photo\/Alex Brandon)](https:\/\/dims.apnews.com\/dims4\/default\/94d08fb\/2147483647\/strip\/true\/crop\/3736x2491+0+0\/resize\/599x399!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2Fe3%2F64%2F56cae99109ce94b313b394eefa30%2F453a2e820d994151955b4535595cfb56)](https:\/\/apnews.com\/article\/trump-tariffs-lawsuit-trade-612954e80e705c48c3ef82e87c6078a3)\n\n3 MIN READ\n\n[![BYD's electric vehicle ATTO2 is on display during the Bangkok Motor Show in Nonthaburi, Thailand, Wednesday, April 1, 2026. (AP Photo\/Sakchai Lalit)](https:\/\/dims.apnews.com\/dims4\/default\/5ab236b\/2147483647\/strip\/true\/crop\/6575x4384+0+0\/resize\/599x399!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2F28%2F23%2Fe958bf641af2e0adfb6ff9cf127c%2Ff674a0d7f3ce4f96b0a4b5282e365047)](https:\/\/apnews.com\/article\/china-autos-evs-exports-cars-925c8ee6769927f598ce77821ca56a78)\n\n2 MIN READ\n\n[![](https:\/\/dims.apnews.com\/dims4\/default\/fc68625\/2147483647\/strip\/true\/crop\/960x540+0+0\/resize\/599x337!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2F73%2F3d%2Fb1ced11f4ba296a6f62e565bfbba%2Fdr-cover-photos-2026-04-06t200018-074.png)](https:\/\/apnews.com\/article\/south-pars-natural-gas-field-iran-29e03d9dd5e31c5ea10d2bdc87d68257)\n\n3 MIN READ\n## What new tariffs did Trump announce this week?\nSince taking office in January, Trump has rolled out several — and at times, [on-and-off again](https:\/\/apnews.com\/article\/tariffs-timeline-trade-war-trump-canada-mexico-china-a9d714eea677488ef9397547d838dbd0) — rounds of tariffs targeting particular countries and products. He’s argued that raising import taxes will bring manufacturing back to the U.S. and protect domestic industries from unfair foreign competition.\n\nNone have been more sweeping than his [long-threatened “reciprocal” tariffs](https:\/\/apnews.com\/article\/trump-tariffs-economic-impact-trade-markets-3e38352ab5693852bfd9bc8dd2ac2d56) unveiled on Wednesday.\n\nThe new tariffs will hike taxes on products imported from nearly all of America’s trading partners — with Trump declaring a minimum tariff of 10% across the board and higher rates for dozens of nations that run trade surpluses with the U.S.\n\nThe steeper levies run as high as 50% — with the biggest “reciprocal” rates landing on small economies that trade little with the U.S., including the [African kingdom of Lesotho](https:\/\/apnews.com\/article\/lesotho-us-trump-tariffs-b337efa47290e889aa076cc9ede7bc9d). Other notable rates include a 20% tax on imports from the European Union, 25% on South Korea, 24% on Japan and 32% on Taiwan. The tariffs build on some of Trump’s previous measures. His “reciprocal’’ tariff of 34% on China, for example, builds on 20% levies imposed earlier this year.\n\n![A woman carrying a child stands near Apple and Nike stores in Beijing, China, Friday, April 4, 2025. (AP Photo\/Ng Han Guan)](https:\/\/dims.apnews.com\/dims4\/default\/d5475f2\/2147483647\/strip\/true\/crop\/8640x5760+0+0\/resize\/599x399!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2Fee%2F51%2Fabf59c23c45c502bf15c13eb8617%2Fb824a18137204947ba02723df2b253f2)\n\nA woman carrying a child stands near Apple and Nike stores in Beijing, China, Friday, April 4, 2025. (AP Photo\/Ng Han Guan)\n## How has China responded?\nChina on Friday announced a flurry of other retaliatory measures in addition to the planned 34% tariff on U.S. goods.\n\nThe Commerce Ministry in Beijing said it would impose more export controls on rare earths, which are materials used in high-tech products like computer chips and electric vehicle batteries. And China’s customs administration said it had suspended imports of [chicken from two U.S. suppliers](https:\/\/apnews.com\/article\/us-tariffs-trump-asia-china-europe-2c40881f1fe8f04624100c12d8d05296), Mountaire Farms of Delaware and Coastal Processing.\n\nChina also filed a lawsuit with the World Trade Organization, saying the U.S. tariffs were “a typical unilateral bullying practice that endangers the stability of the global economic and trade order.”\n\nBeijing also added 27 firms to lists of companies subject to trade sanctions or export controls.\n\nThe trade war between the U.S. and China isn’t new. The two countries exchanged a [series of tit-for-tat levies](https:\/\/apnews.com\/article\/china-us-tariffs-timeline-trump-xi-08b5d468e61ba15e760563ef0186b2bb) in recent months — on top of tariffs imposed during Trump’s first term, many of which were preserved or added to under former President Joe Biden.\n\nWhile China has taken the toughest approach so far, several countries signaled upcoming responses to Trump’s “reciprocal” tariffs. The EU’s European Commission is among those that have vowed to fight back while promising to improve the free trade rulebook. Others may be hoping to negotiate for relief. Trump said Friday that he had a “very productive call” with Vietnamese leader [To Lam](https:\/\/apnews.com\/article\/vietnam-f690125a18a92f088f49af82ee85d294) and claimed the country wants to eliminate its tariffs on U.S. goods if it can make a deal.\n\n![Trader Edward McCarthy works on the floor of the New York Stock Exchange, Friday, April 4, 2025. (AP Photo\/Richard Drew)](https:\/\/dims.apnews.com\/dims4\/default\/3cb26c8\/2147483647\/strip\/true\/crop\/4079x2719+0+0\/resize\/599x399!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2Fbb%2Fcd%2F1b932e6c88071ac9595abe499c92%2F2fd267d3439b43478cfb4c0809bc607b)\n\nTrader Edward McCarthy works on the floor of the New York Stock Exchange, Friday, April 4, 2025. (AP Photo\/Richard Drew)\n## Is the stock market continuing to fall?\nYes. Trump’s trade actions have roiled financial markets worldwide in recent months, and they careened even lower on Friday.\n\nWall Street’s worst crisis since the COVID-19 crash deepened on Friday. Not even a [better-than-expected U.S. jobs report](https:\/\/apnews.com\/article\/jobs-economy-unemployment-inflation-federal-reserve-trump-d43b08bda57cb5d90b5bac1f092e1f3d), usually the economic highlight of each month, was enough to stop the slide. The S\\&P 500 tumbled 6% and the Dow Jones Industrial Average plunged 2,231 points, or 5.5%. The Nasdaq composite also dropped 5.8%\n\nEuropean stocks also saw some of the day’s biggest losses, with indexes sinking roughly 5%. The price of crude oil tumbled to its lowest level since 2021. Other basic building blocks for economic growth, such as copper, also saw prices slide on worries that the trade war will weaken the global economy.\n\n![President Donald Trump walks to board Marine One after speaking with reporters on the South Lawn of the White House, Thursday, April 3, 2025, in Washington. (AP Photo\/Evan Vucci)](https:\/\/dims.apnews.com\/dims4\/default\/e9eac50\/2147483647\/strip\/true\/crop\/6000x4000+0+0\/resize\/599x399!\/quality\/90\/?url=https%3A%2F%2Fassets.apnews.com%2F6b%2F2b%2F6ec2f09641c357bc2797523ed1f3%2F26f7dc7a89bc45639b1bba4c2fff526b)\n\nPresident Donald Trump walks to board Marine One after speaking with reporters on the South Lawn of the White House, Thursday, April 3, 2025, in Washington. (AP Photo\/Evan Vucci)\n## What is Trump saying about all of this?\nTrump [has insisted](https:\/\/apnews.com\/article\/donald-trump-tariffs-golf-813c7a300021445636f63fddbfd38c83) he isn’t changing his trade policies — describing them as a painful yet necessary step to encourage companies to relocate their operations to the U.S.\n\nAfter stocks plunged on Thursday, he maintained that things are “going very well” and said both the markets and the country were “going to boom” from the tariffs.\n\nTrump on Friday defended tariffs again on his social media platform Truth Social.\n\n“IT’S ALREADY WORKING. HANG TOUGH, WE CAN’T LOSE!!!” he wrote.\n\nTrump was swift to criticize Beijing’s move, claiming that China panicked and “PLAYED IT WRONG ... THE ONE THING THEY CANNOT AFFORD TO DO!”\n\nMeanwhile, others continue to warn that the scale of Trump’s tariffs could backfire. Federal Reserve Chair Jerome Powell [said Friday](https:\/\/apnews.com\/article\/tariffs-inflation-economy-trump-powell-490417656971634592bbeb3b2ade3593) that the tariffs were “significantly larger than expected” and are “highly likely” to cause more inflation — at least in the short term but possibly in the long term as well.\n\n\\_\\_\\_\\_\\_\\_\\_\n\nAP Business Writers Paul Wiseman in Washington, Elaine Kurtenbach in Bangkok and Stan Choe in New York contributed to this report.","meta_canonical":null}

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Meta Title	Trump's trade wars deepen as China retaliates and markets fall. Here's what to know \| AP News
Meta Description	The trade wars launched by U.S. President Donald Trump are escalating to new heights. Just days after Trump unveiled sweeping new “reciprocal” tariffs on imports from around the world, China levied a retaliatory 34% tariff on all U.S. products starting April 10.
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Boilerpipe Text	Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] Updated 8:30 PM GMT, April 4, 2025 NEW YORK (AP) — The trade wars launched by U.S. President Donald Trump have escalated to new heights. Just days after Trump unveiled sweeping new “reciprocal” tariffs on imports from around the world, China on Friday levied a retaliatory 34% tariff on all U.S. products starting April 10. Stock markets worldwide plummeted, with the S&P 500 closing its worst week since COVID-19 upended the global economy in 2020. Economists warn that the tariffs will raise the prices of products consumers buy each day — from the grocery aisle to car repairs. As businesses face higher costs, some say economies worldwide could see slowed hiring, layoffs and lower incomes down the road — heightening fears about future economic growth and widening inequality. Meanwhile, Trump has doubled down on his commitment to tariffs , maintaining that his new levies will bring trillions of dollars of investment to the U.S. while also criticizing other countries’ retaliatory measures. Here’s what we know about the latest developments. Workers labor on the production line of towels at a textile manufacturer in Huai’an city in east China’s Jiangsu province, Wednesday, April 2, 2025. (Chinatopix Via AP) Workers labor on the production line of towels at a textile manufacturer in Huai’an city in east China’s Jiangsu province, Wednesday, April 2, 2025. (Chinatopix Via AP) 3 MIN READ 2 MIN READ 3 MIN READ What new tariffs did Trump announce this week? Since taking office in January, Trump has rolled out several — and at times, on-and-off again — rounds of tariffs targeting particular countries and products. He’s argued that raising import taxes will bring manufacturing back to the U.S. and protect domestic industries from unfair foreign competition. None have been more sweeping than his long-threatened “reciprocal” tariffs unveiled on Wednesday. The new tariffs will hike taxes on products imported from nearly all of America’s trading partners — with Trump declaring a minimum tariff of 10% across the board and higher rates for dozens of nations that run trade surpluses with the U.S. The steeper levies run as high as 50% — with the biggest “reciprocal” rates landing on small economies that trade little with the U.S., including the African kingdom of Lesotho . Other notable rates include a 20% tax on imports from the European Union, 25% on South Korea, 24% on Japan and 32% on Taiwan. The tariffs build on some of Trump’s previous measures. His “reciprocal’’ tariff of 34% on China, for example, builds on 20% levies imposed earlier this year. A woman carrying a child stands near Apple and Nike stores in Beijing, China, Friday, April 4, 2025. (AP Photo/Ng Han Guan) A woman carrying a child stands near Apple and Nike stores in Beijing, China, Friday, April 4, 2025. (AP Photo/Ng Han Guan) How has China responded? China on Friday announced a flurry of other retaliatory measures in addition to the planned 34% tariff on U.S. goods. The Commerce Ministry in Beijing said it would impose more export controls on rare earths, which are materials used in high-tech products like computer chips and electric vehicle batteries. And China’s customs administration said it had suspended imports of chicken from two U.S. suppliers , Mountaire Farms of Delaware and Coastal Processing. China also filed a lawsuit with the World Trade Organization, saying the U.S. tariffs were “a typical unilateral bullying practice that endangers the stability of the global economic and trade order.” Beijing also added 27 firms to lists of companies subject to trade sanctions or export controls. The trade war between the U.S. and China isn’t new. The two countries exchanged a series of tit-for-tat levies in recent months — on top of tariffs imposed during Trump’s first term, many of which were preserved or added to under former President Joe Biden. While China has taken the toughest approach so far, several countries signaled upcoming responses to Trump’s “reciprocal” tariffs. The EU’s European Commission is among those that have vowed to fight back while promising to improve the free trade rulebook. Others may be hoping to negotiate for relief. Trump said Friday that he had a “very productive call” with Vietnamese leader To Lam and claimed the country wants to eliminate its tariffs on U.S. goods if it can make a deal. Trader Edward McCarthy works on the floor of the New York Stock Exchange, Friday, April 4, 2025. (AP Photo/Richard Drew) Trader Edward McCarthy works on the floor of the New York Stock Exchange, Friday, April 4, 2025. (AP Photo/Richard Drew) Is the stock market continuing to fall? Yes. Trump’s trade actions have roiled financial markets worldwide in recent months, and they careened even lower on Friday. Wall Street’s worst crisis since the COVID-19 crash deepened on Friday. Not even a better-than-expected U.S. jobs report , usually the economic highlight of each month, was enough to stop the slide. The S&P 500 tumbled 6% and the Dow Jones Industrial Average plunged 2,231 points, or 5.5%. The Nasdaq composite also dropped 5.8% European stocks also saw some of the day’s biggest losses, with indexes sinking roughly 5%. The price of crude oil tumbled to its lowest level since 2021. Other basic building blocks for economic growth, such as copper, also saw prices slide on worries that the trade war will weaken the global economy. President Donald Trump walks to board Marine One after speaking with reporters on the South Lawn of the White House, Thursday, April 3, 2025, in Washington. (AP Photo/Evan Vucci) President Donald Trump walks to board Marine One after speaking with reporters on the South Lawn of the White House, Thursday, April 3, 2025, in Washington. (AP Photo/Evan Vucci) What is Trump saying about all of this? Trump has insisted he isn’t changing his trade policies — describing them as a painful yet necessary step to encourage companies to relocate their operations to the U.S. After stocks plunged on Thursday, he maintained that things are “going very well” and said both the markets and the country were “going to boom” from the tariffs. Trump on Friday defended tariffs again on his social media platform Truth Social. “IT’S ALREADY WORKING. HANG TOUGH, WE CAN’T LOSE!!!” he wrote. Trump was swift to criticize Beijing’s move, claiming that China panicked and “PLAYED IT WRONG ... THE ONE THING THEY CANNOT AFFORD TO DO!” Meanwhile, others continue to warn that the scale of Trump’s tariffs could backfire. Federal Reserve Chair Jerome Powell said Friday that the tariffs were “significantly larger than expected” and are “highly likely” to cause more inflation — at least in the short term but possibly in the long term as well. _______ AP Business Writers Paul Wiseman in Washington, Elaine Kurtenbach in Bangkok and Stan Choe in New York contributed to this report.
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All Rights Reserved. [Tariffs](https://apnews.com/hub/tariffs) [Supreme Court strikes down tariffs](https://apnews.com/live/supreme-court-tariff-ruling-updates) [Reactions](https://apnews.com/article/trump-tariffs-court-france-korea-mexico-5269dba3c94ef58e57ff533a7527a74d) [15% global tariff](https://apnews.com/article/trump-tariff-truth-social-872c8f04112a8991d8aa6ae5005767b6) [What could come next](https://apnews.com/article/trump-tariffs-supreme-court-whats-next-b8b6d5d44ebb3640a88f7202754cb361) [Business](https://apnews.com/business) # Trump’s trade wars deepen as China retaliates and markets fall. Here’s what to know ## Trump’s trade wars deepen as China retaliates and markets fall. Here’s what to know ![President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, Wednesday, April 2, 2025, in Washington, as Commerce Secretary Howard Lutnick listens. (AP Photo/Mark Schiefelbein)](https://dims.apnews.com/dims4/default/a7749a5/2147483647/strip/true/crop/5616x3744+0+0/resize/599x399!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2F7a%2Fc8%2F9790b744ae8d10216eef2f0a182b%2F3509100eb19146d090d4b2eeace51f7c) 1 of 5 \\| President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, Wednesday, April 2, 2025, in Washington, as Commerce Secretary Howard Lutnick listens. (AP Photo/Mark Schiefelbein) Read More ![A woman carrying a child stands near Apple and Nike stores in Beijing, China, Friday, April 4, 2025. (AP Photo/Ng Han Guan)](https://dims.apnews.com/dims4/default/d5475f2/2147483647/strip/true/crop/8640x5760+0+0/resize/599x399!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2Fee%2F51%2Fabf59c23c45c502bf15c13eb8617%2Fb824a18137204947ba02723df2b253f2) 2 of 5 \\| A woman carrying a child stands near Apple and Nike stores in Beijing, China, Friday, April 4, 2025. (AP Photo/Ng Han Guan) Read More ![Workers labor on the production line of towels at a textile manufacturer in Huai'an city in east China's Jiangsu province, Wednesday, April 2, 2025. (Chinatopix Via AP)](https://dims.apnews.com/dims4/default/8c6e323/2147483647/strip/true/crop/5295x3615+0+0/resize/599x409!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2Fe4%2F64%2F0e8ceee87dbbd0b637d1d3dfb6ba%2Ff8c3a0a908b341c8873831c6ea61625d) 3 of 5 \\| Workers labor on the production line of towels at a textile manufacturer in Huai’an city in east China’s Jiangsu province, Wednesday, April 2, 2025. (Chinatopix Via AP) Read More ![Trader Edward McCarthy works on the floor of the New York Stock Exchange, Friday, April 4, 2025. (AP Photo/Richard Drew)](https://dims.apnews.com/dims4/default/3cb26c8/2147483647/strip/true/crop/4079x2719+0+0/resize/599x399!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2Fbb%2Fcd%2F1b932e6c88071ac9595abe499c92%2F2fd267d3439b43478cfb4c0809bc607b) 4 of 5 \\| Trader Edward McCarthy works on the floor of the New York Stock Exchange, Friday, April 4, 2025. (AP Photo/Richard Drew) Read More ![President Donald Trump walks to board Marine One after speaking with reporters on the South Lawn of the White House, Thursday, April 3, 2025, in Washington. (AP Photo/Evan Vucci)](https://dims.apnews.com/dims4/default/e9eac50/2147483647/strip/true/crop/6000x4000+0+0/resize/599x399!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2F6b%2F2b%2F6ec2f09641c357bc2797523ed1f3%2F26f7dc7a89bc45639b1bba4c2fff526b) 5 of 5 \\| President Donald Trump walks to board Marine One after speaking with reporters on the South Lawn of the White House, Thursday, April 3, 2025, in Washington. (AP Photo/Evan Vucci) Read More By [WYATTE GRANTHAM-PHILIPS](https://apnews.com/author/wyatte-grantham-philips) Updated 8:30 PM GMT, April 4, 2025 Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. Share ![Comments](https://dims.apnews.com/dims4/default/4f4506e/2147483647/strip/true/crop/112x119+0+0/resize/112x119!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2F8c%2F0d%2F15433a314663a3ae8a349ee0d9fa%2Fveifora-comment-icon.png) Share - [Facebook](https://www.facebook.com/dialog/share?app_id=870613919693099&display=popup&href=https%3A%2F%2Fapnews.com%2Farticle%2Ftariffs-trump-trade-war-what-to-know-e40e9eae3fa951438a764733cc55c5b8%3Futm_source%3DFacebook%26utm_medium%3Dshare) - Copy Link copied - [Email](mailto:?body=Trump%27s%20trade%20wars%20deepen%20as%20China%20retaliates%20and%20markets%20fall.%20Here%27s%20what%20to%20know%0A%0Ahttps%3A%2F%2Fapnews.com%2Farticle%2Ftariffs-trump-trade-war-what-to-know-e40e9eae3fa951438a764733cc55c5b8%3Futm_source%3DEmail%26utm_medium%3Dshare%0A%0AThe%20trade%20wars%20launched%20by%20U.S.%20President%20Donald%20Trump%20are%20escalating%20to%20new%20heights.%20Just%20days%20after%20Trump%20unveiled%20sweeping%20new%20%E2%80%9Creciprocal%E2%80%9D%20tariffs%20on%20imports%20from%20around%20the%20world%2C%20China%20levied%20a%20retaliatory%2034%25%20tariff%20on%20all%20U.S.%20products%20starting%20April%2010.) - [X](https://twitter.com/intent/tweet?url=https%3A%2F%2Fapnews.com%2Farticle%2Ftariffs-trump-trade-war-what-to-know-e40e9eae3fa951438a764733cc55c5b8%3Futm_source%3Dtwitter%26utm_medium%3Dshare&text=Trump%27s%20trade%20wars%20deepen%20as%20China%20retaliates%20and%20markets%20fall.%20Here%27s%20what%20to%20know) - [LinkedIn](https://apnews.com/article/tariffs-trump-trade-war-what-to-know-e40e9eae3fa951438a764733cc55c5b8) - [Bluesky](https://bsky.app/intent/compose?text=https%3A%2F%2Fapnews.com%2Farticle%2Ftariffs-trump-trade-war-what-to-know-e40e9eae3fa951438a764733cc55c5b8%3Futm_source%3Dbluesky%26utm_medium%3Dshare%26nbsp%3B%3Cbr%3ETrump%27s%20trade%20wars%20deepen%20as%20China%20retaliates%20and%20markets%20fall.%20Here%27s%20what%20to%20know) - [Flipboard](https://share.flipboard.com/bookmarklet/popout?v=2&title=Trump%27s%20trade%20wars%20deepen%20as%20China%20retaliates%20and%20markets%20fall.%20Here%27s%20what%20to%20know&url=https%3A%2F%2Fapnews.com%2Farticle%2Ftariffs-trump-trade-war-what-to-know-e40e9eae3fa951438a764733cc55c5b8%3Futm_source%3DFlipboard%20Share%26utm_medium%3Dshare) - [Pinterest](https://pinterest.com/pin/create/bookmarklet/?url=https%3A%2F%2Fapnews.com%2Farticle%2Ftariffs-trump-trade-war-what-to-know-e40e9eae3fa951438a764733cc55c5b8%3Futm_source%3DPinterest%26utm_medium%3Dshare&description=Trump%27s%20trade%20wars%20deepen%20as%20China%20retaliates%20and%20markets%20fall.%20Here%27s%20what%20to%20know&media=https://assets.apnews.com/7a/c8/9790b744ae8d10216eef2f0a182b/3509100eb19146d090d4b2eeace51f7c) - [Reddit](https://www.reddit.com/submit?url=https%3A%2F%2Fapnews.com%2Farticle%2Ftariffs-trump-trade-war-what-to-know-e40e9eae3fa951438a764733cc55c5b8%3Futm_source%3Dreddit%26utm_medium%3Dshare&title=Reddit%20Share) NEW YORK (AP) — The [trade wars](https://apnews.com/hub/tariffs) launched by U.S. President Donald Trump have escalated to new heights. Just days after Trump unveiled sweeping new [“reciprocal”](https://apnews.com/article/trump-new-tariffs-rates-trade-imbalances-math-19b0cfb6bdc8ad152d27546fe64d0075) tariffs on imports from around the world, China on Friday levied a retaliatory [34% tariff on all U.S. products](https://apnews.com/article/china-tariff-trade-trump-earths-02cd23e913649f32985f075058e787c4) starting April 10. Stock markets worldwide plummeted, with the S\&P 500 [closing its worst week](https://apnews.com/article/market-rates-trump-tariffs-d86db525c370e9da834e6dfb76e23b86) since COVID-19 upended the global economy in 2020. Economists warn that the tariffs [will raise the prices](https://apnews.com/article/tariffs-consumer-impact-workers-prices-ba862da51b51ae1afdfae08bf02c2449) of products consumers buy each day — from the grocery aisle to car repairs. As businesses face higher costs, some say economies worldwide could see slowed hiring, layoffs and lower incomes down the road — heightening fears about future economic growth and widening inequality. Meanwhile, Trump has doubled down on his [commitment to tariffs](https://apnews.com/article/trump-tariffs-going-very-well-a3b863fb7879878552bda48098c31b50), maintaining that his new levies will bring trillions of dollars of investment to the U.S. [while also criticizing](https://apnews.com/article/us-tariffs-trump-asia-china-europe-2c40881f1fe8f04624100c12d8d05296) other countries’ retaliatory measures. Here’s what we know about the latest developments. ![Workers labor on the production line of towels at a textile manufacturer in Huai'an city in east China's Jiangsu province, Wednesday, April 2, 2025. (Chinatopix Via AP)](https://dims.apnews.com/dims4/default/8c6e323/2147483647/strip/true/crop/5295x3615+0+0/resize/599x409!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2Fe4%2F64%2F0e8ceee87dbbd0b637d1d3dfb6ba%2Ff8c3a0a908b341c8873831c6ea61625d) Workers labor on the production line of towels at a textile manufacturer in Huai’an city in east China’s Jiangsu province, Wednesday, April 2, 2025. (Chinatopix Via AP) Read More Related Stories [![President Donald Trump speaks with reporters in the James Brady Press Briefing Room at the White House, Monday, April 6, 2026, in Washington. (AP Photo/Alex Brandon)](https://dims.apnews.com/dims4/default/94d08fb/2147483647/strip/true/crop/3736x2491+0+0/resize/599x399!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2Fe3%2F64%2F56cae99109ce94b313b394eefa30%2F453a2e820d994151955b4535595cfb56)](https://apnews.com/article/trump-tariffs-lawsuit-trade-612954e80e705c48c3ef82e87c6078a3) [Federal court hears new case against Trump’s latest global tariffs](https://apnews.com/article/trump-tariffs-lawsuit-trade-612954e80e705c48c3ef82e87c6078a3) 3 MIN READ [![BYD's electric vehicle ATTO2 is on display during the Bangkok Motor Show in Nonthaburi, Thailand, Wednesday, April 1, 2026. (AP Photo/Sakchai Lalit)](https://dims.apnews.com/dims4/default/5ab236b/2147483647/strip/true/crop/6575x4384+0+0/resize/599x399!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2F28%2F23%2Fe958bf641af2e0adfb6ff9cf127c%2Ff674a0d7f3ce4f96b0a4b5282e365047)](https://apnews.com/article/china-autos-evs-exports-cars-925c8ee6769927f598ce77821ca56a78) [China’s car exports surge as expectations grow for EV pivot on Iran war energy shock](https://apnews.com/article/china-autos-evs-exports-cars-925c8ee6769927f598ce77821ca56a78) 2 MIN READ [![](https://dims.apnews.com/dims4/default/fc68625/2147483647/strip/true/crop/960x540+0+0/resize/599x337!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2F73%2F3d%2Fb1ced11f4ba296a6f62e565bfbba%2Fdr-cover-photos-2026-04-06t200018-074.png)](https://apnews.com/article/south-pars-natural-gas-field-iran-29e03d9dd5e31c5ea10d2bdc87d68257) [The South Pars natural gas complex is an energy lifeline for Iran](https://apnews.com/article/south-pars-natural-gas-field-iran-29e03d9dd5e31c5ea10d2bdc87d68257) 3 MIN READ [26](https://apnews.com/article/south-pars-natural-gas-field-iran-29e03d9dd5e31c5ea10d2bdc87d68257) ## What new tariffs did Trump announce this week? Since taking office in January, Trump has rolled out several — and at times, [on-and-off again](https://apnews.com/article/tariffs-timeline-trade-war-trump-canada-mexico-china-a9d714eea677488ef9397547d838dbd0) — rounds of tariffs targeting particular countries and products. He’s argued that raising import taxes will bring manufacturing back to the U.S. and protect domestic industries from unfair foreign competition. None have been more sweeping than his [long-threatened “reciprocal” tariffs](https://apnews.com/article/trump-tariffs-economic-impact-trade-markets-3e38352ab5693852bfd9bc8dd2ac2d56) unveiled on Wednesday. The new tariffs will hike taxes on products imported from nearly all of America’s trading partners — with Trump declaring a minimum tariff of 10% across the board and higher rates for dozens of nations that run trade surpluses with the U.S. The steeper levies run as high as 50% — with the biggest “reciprocal” rates landing on small economies that trade little with the U.S., including the [African kingdom of Lesotho](https://apnews.com/article/lesotho-us-trump-tariffs-b337efa47290e889aa076cc9ede7bc9d). Other notable rates include a 20% tax on imports from the European Union, 25% on South Korea, 24% on Japan and 32% on Taiwan. The tariffs build on some of Trump’s previous measures. His “reciprocal’’ tariff of 34% on China, for example, builds on 20% levies imposed earlier this year. ![A woman carrying a child stands near Apple and Nike stores in Beijing, China, Friday, April 4, 2025. (AP Photo/Ng Han Guan)](https://dims.apnews.com/dims4/default/d5475f2/2147483647/strip/true/crop/8640x5760+0+0/resize/599x399!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2Fee%2F51%2Fabf59c23c45c502bf15c13eb8617%2Fb824a18137204947ba02723df2b253f2) A woman carrying a child stands near Apple and Nike stores in Beijing, China, Friday, April 4, 2025. (AP Photo/Ng Han Guan) Read More ## How has China responded? China on Friday announced a flurry of other retaliatory measures in addition to the planned 34% tariff on U.S. goods. The Commerce Ministry in Beijing said it would impose more export controls on rare earths, which are materials used in high-tech products like computer chips and electric vehicle batteries. And China’s customs administration said it had suspended imports of [chicken from two U.S. suppliers](https://apnews.com/article/us-tariffs-trump-asia-china-europe-2c40881f1fe8f04624100c12d8d05296), Mountaire Farms of Delaware and Coastal Processing. China also filed a lawsuit with the World Trade Organization, saying the U.S. tariffs were “a typical unilateral bullying practice that endangers the stability of the global economic and trade order.” Beijing also added 27 firms to lists of companies subject to trade sanctions or export controls. The trade war between the U.S. and China isn’t new. The two countries exchanged a [series of tit-for-tat levies](https://apnews.com/article/china-us-tariffs-timeline-trump-xi-08b5d468e61ba15e760563ef0186b2bb) in recent months — on top of tariffs imposed during Trump’s first term, many of which were preserved or added to under former President Joe Biden. While China has taken the toughest approach so far, several countries signaled upcoming responses to Trump’s “reciprocal” tariffs. The EU’s European Commission is among those that have vowed to fight back while promising to improve the free trade rulebook. Others may be hoping to negotiate for relief. Trump said Friday that he had a “very productive call” with Vietnamese leader [To Lam](https://apnews.com/article/vietnam-f690125a18a92f088f49af82ee85d294) and claimed the country wants to eliminate its tariffs on U.S. goods if it can make a deal. ![Trader Edward McCarthy works on the floor of the New York Stock Exchange, Friday, April 4, 2025. (AP Photo/Richard Drew)](https://dims.apnews.com/dims4/default/3cb26c8/2147483647/strip/true/crop/4079x2719+0+0/resize/599x399!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2Fbb%2Fcd%2F1b932e6c88071ac9595abe499c92%2F2fd267d3439b43478cfb4c0809bc607b) Trader Edward McCarthy works on the floor of the New York Stock Exchange, Friday, April 4, 2025. (AP Photo/Richard Drew) Read More ## Is the stock market continuing to fall? Yes. Trump’s trade actions have roiled financial markets worldwide in recent months, and they careened even lower on Friday. Wall Street’s worst crisis since the COVID-19 crash deepened on Friday. Not even a [better-than-expected U.S. jobs report](https://apnews.com/article/jobs-economy-unemployment-inflation-federal-reserve-trump-d43b08bda57cb5d90b5bac1f092e1f3d), usually the economic highlight of each month, was enough to stop the slide. The S\&P 500 tumbled 6% and the Dow Jones Industrial Average plunged 2,231 points, or 5.5%. The Nasdaq composite also dropped 5.8% European stocks also saw some of the day’s biggest losses, with indexes sinking roughly 5%. The price of crude oil tumbled to its lowest level since 2021. Other basic building blocks for economic growth, such as copper, also saw prices slide on worries that the trade war will weaken the global economy. ![President Donald Trump walks to board Marine One after speaking with reporters on the South Lawn of the White House, Thursday, April 3, 2025, in Washington. (AP Photo/Evan Vucci)](https://dims.apnews.com/dims4/default/e9eac50/2147483647/strip/true/crop/6000x4000+0+0/resize/599x399!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2F6b%2F2b%2F6ec2f09641c357bc2797523ed1f3%2F26f7dc7a89bc45639b1bba4c2fff526b) President Donald Trump walks to board Marine One after speaking with reporters on the South Lawn of the White House, Thursday, April 3, 2025, in Washington. (AP Photo/Evan Vucci) Read More ## What is Trump saying about all of this? Trump [has insisted](https://apnews.com/article/donald-trump-tariffs-golf-813c7a300021445636f63fddbfd38c83) he isn’t changing his trade policies — describing them as a painful yet necessary step to encourage companies to relocate their operations to the U.S. After stocks plunged on Thursday, he maintained that things are “going very well” and said both the markets and the country were “going to boom” from the tariffs. Trump on Friday defended tariffs again on his social media platform Truth Social. “IT’S ALREADY WORKING. HANG TOUGH, WE CAN’T LOSE!!!” he wrote. Trump was swift to criticize Beijing’s move, claiming that China panicked and “PLAYED IT WRONG ... THE ONE THING THEY CANNOT AFFORD TO DO!” Meanwhile, others continue to warn that the scale of Trump’s tariffs could backfire. Federal Reserve Chair Jerome Powell [said Friday](https://apnews.com/article/tariffs-inflation-economy-trump-powell-490417656971634592bbeb3b2ade3593) that the tariffs were “significantly larger than expected” and are “highly likely” to cause more inflation — at least in the short term but possibly in the long term as well. \_\_\_\_\_\_\_ AP Business Writers Paul Wiseman in Washington, Elaine Kurtenbach in Bangkok and Stan Choe in New York contributed to this report. [WYATTE GRANTHAM-PHILIPS](https://apnews.com/author/wyatte-grantham-philips) Grantham-Philips is a business reporter who covers trending news for The Associated Press. She is based in New York. [twitter](https://twitter.com/wyatte_gp) [mailto](mailto:wgranthamphilips@ap.org) ## Conversation Follow this conversation to be notified when new comments are postedfollow Log in \\| Sign up All comments are subject to our [Community Guidelines](https://apnews.com/community-guidelines). Please note that comments are not moderated immediately — every post is reviewed before appearing publicly to ensure it meets our community guidelines. 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Readable Markdown	Updated 8:30 PM GMT, April 4, 2025 NEW YORK (AP) — The [trade wars](https://apnews.com/hub/tariffs) launched by U.S. President Donald Trump have escalated to new heights. Just days after Trump unveiled sweeping new [“reciprocal”](https://apnews.com/article/trump-new-tariffs-rates-trade-imbalances-math-19b0cfb6bdc8ad152d27546fe64d0075) tariffs on imports from around the world, China on Friday levied a retaliatory [34% tariff on all U.S. products](https://apnews.com/article/china-tariff-trade-trump-earths-02cd23e913649f32985f075058e787c4) starting April 10. Stock markets worldwide plummeted, with the S\&P 500 [closing its worst week](https://apnews.com/article/market-rates-trump-tariffs-d86db525c370e9da834e6dfb76e23b86) since COVID-19 upended the global economy in 2020. Economists warn that the tariffs [will raise the prices](https://apnews.com/article/tariffs-consumer-impact-workers-prices-ba862da51b51ae1afdfae08bf02c2449) of products consumers buy each day — from the grocery aisle to car repairs. As businesses face higher costs, some say economies worldwide could see slowed hiring, layoffs and lower incomes down the road — heightening fears about future economic growth and widening inequality. Meanwhile, Trump has doubled down on his [commitment to tariffs](https://apnews.com/article/trump-tariffs-going-very-well-a3b863fb7879878552bda48098c31b50), maintaining that his new levies will bring trillions of dollars of investment to the U.S. [while also criticizing](https://apnews.com/article/us-tariffs-trump-asia-china-europe-2c40881f1fe8f04624100c12d8d05296) other countries’ retaliatory measures. Here’s what we know about the latest developments. ![Workers labor on the production line of towels at a textile manufacturer in Huai'an city in east China's Jiangsu province, Wednesday, April 2, 2025. (Chinatopix Via AP)](https://dims.apnews.com/dims4/default/8c6e323/2147483647/strip/true/crop/5295x3615+0+0/resize/599x409!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2Fe4%2F64%2F0e8ceee87dbbd0b637d1d3dfb6ba%2Ff8c3a0a908b341c8873831c6ea61625d) Workers labor on the production line of towels at a textile manufacturer in Huai’an city in east China’s Jiangsu province, Wednesday, April 2, 2025. (Chinatopix Via AP) [![President Donald Trump speaks with reporters in the James Brady Press Briefing Room at the White House, Monday, April 6, 2026, in Washington. (AP Photo/Alex Brandon)](https://dims.apnews.com/dims4/default/94d08fb/2147483647/strip/true/crop/3736x2491+0+0/resize/599x399!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2Fe3%2F64%2F56cae99109ce94b313b394eefa30%2F453a2e820d994151955b4535595cfb56)](https://apnews.com/article/trump-tariffs-lawsuit-trade-612954e80e705c48c3ef82e87c6078a3) 3 MIN READ [![BYD's electric vehicle ATTO2 is on display during the Bangkok Motor Show in Nonthaburi, Thailand, Wednesday, April 1, 2026. (AP Photo/Sakchai Lalit)](https://dims.apnews.com/dims4/default/5ab236b/2147483647/strip/true/crop/6575x4384+0+0/resize/599x399!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2F28%2F23%2Fe958bf641af2e0adfb6ff9cf127c%2Ff674a0d7f3ce4f96b0a4b5282e365047)](https://apnews.com/article/china-autos-evs-exports-cars-925c8ee6769927f598ce77821ca56a78) 2 MIN READ [![](https://dims.apnews.com/dims4/default/fc68625/2147483647/strip/true/crop/960x540+0+0/resize/599x337!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2F73%2F3d%2Fb1ced11f4ba296a6f62e565bfbba%2Fdr-cover-photos-2026-04-06t200018-074.png)](https://apnews.com/article/south-pars-natural-gas-field-iran-29e03d9dd5e31c5ea10d2bdc87d68257) 3 MIN READ ## What new tariffs did Trump announce this week? Since taking office in January, Trump has rolled out several — and at times, [on-and-off again](https://apnews.com/article/tariffs-timeline-trade-war-trump-canada-mexico-china-a9d714eea677488ef9397547d838dbd0) — rounds of tariffs targeting particular countries and products. He’s argued that raising import taxes will bring manufacturing back to the U.S. and protect domestic industries from unfair foreign competition. None have been more sweeping than his [long-threatened “reciprocal” tariffs](https://apnews.com/article/trump-tariffs-economic-impact-trade-markets-3e38352ab5693852bfd9bc8dd2ac2d56) unveiled on Wednesday. The new tariffs will hike taxes on products imported from nearly all of America’s trading partners — with Trump declaring a minimum tariff of 10% across the board and higher rates for dozens of nations that run trade surpluses with the U.S. The steeper levies run as high as 50% — with the biggest “reciprocal” rates landing on small economies that trade little with the U.S., including the [African kingdom of Lesotho](https://apnews.com/article/lesotho-us-trump-tariffs-b337efa47290e889aa076cc9ede7bc9d). Other notable rates include a 20% tax on imports from the European Union, 25% on South Korea, 24% on Japan and 32% on Taiwan. The tariffs build on some of Trump’s previous measures. His “reciprocal’’ tariff of 34% on China, for example, builds on 20% levies imposed earlier this year. ![A woman carrying a child stands near Apple and Nike stores in Beijing, China, Friday, April 4, 2025. (AP Photo/Ng Han Guan)](https://dims.apnews.com/dims4/default/d5475f2/2147483647/strip/true/crop/8640x5760+0+0/resize/599x399!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2Fee%2F51%2Fabf59c23c45c502bf15c13eb8617%2Fb824a18137204947ba02723df2b253f2) A woman carrying a child stands near Apple and Nike stores in Beijing, China, Friday, April 4, 2025. (AP Photo/Ng Han Guan) ## How has China responded? China on Friday announced a flurry of other retaliatory measures in addition to the planned 34% tariff on U.S. goods. The Commerce Ministry in Beijing said it would impose more export controls on rare earths, which are materials used in high-tech products like computer chips and electric vehicle batteries. And China’s customs administration said it had suspended imports of [chicken from two U.S. suppliers](https://apnews.com/article/us-tariffs-trump-asia-china-europe-2c40881f1fe8f04624100c12d8d05296), Mountaire Farms of Delaware and Coastal Processing. China also filed a lawsuit with the World Trade Organization, saying the U.S. tariffs were “a typical unilateral bullying practice that endangers the stability of the global economic and trade order.” Beijing also added 27 firms to lists of companies subject to trade sanctions or export controls. The trade war between the U.S. and China isn’t new. The two countries exchanged a [series of tit-for-tat levies](https://apnews.com/article/china-us-tariffs-timeline-trump-xi-08b5d468e61ba15e760563ef0186b2bb) in recent months — on top of tariffs imposed during Trump’s first term, many of which were preserved or added to under former President Joe Biden. While China has taken the toughest approach so far, several countries signaled upcoming responses to Trump’s “reciprocal” tariffs. The EU’s European Commission is among those that have vowed to fight back while promising to improve the free trade rulebook. Others may be hoping to negotiate for relief. Trump said Friday that he had a “very productive call” with Vietnamese leader [To Lam](https://apnews.com/article/vietnam-f690125a18a92f088f49af82ee85d294) and claimed the country wants to eliminate its tariffs on U.S. goods if it can make a deal. ![Trader Edward McCarthy works on the floor of the New York Stock Exchange, Friday, April 4, 2025. (AP Photo/Richard Drew)](https://dims.apnews.com/dims4/default/3cb26c8/2147483647/strip/true/crop/4079x2719+0+0/resize/599x399!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2Fbb%2Fcd%2F1b932e6c88071ac9595abe499c92%2F2fd267d3439b43478cfb4c0809bc607b) Trader Edward McCarthy works on the floor of the New York Stock Exchange, Friday, April 4, 2025. (AP Photo/Richard Drew) ## Is the stock market continuing to fall? Yes. Trump’s trade actions have roiled financial markets worldwide in recent months, and they careened even lower on Friday. Wall Street’s worst crisis since the COVID-19 crash deepened on Friday. Not even a [better-than-expected U.S. jobs report](https://apnews.com/article/jobs-economy-unemployment-inflation-federal-reserve-trump-d43b08bda57cb5d90b5bac1f092e1f3d), usually the economic highlight of each month, was enough to stop the slide. The S\&P 500 tumbled 6% and the Dow Jones Industrial Average plunged 2,231 points, or 5.5%. The Nasdaq composite also dropped 5.8% European stocks also saw some of the day’s biggest losses, with indexes sinking roughly 5%. The price of crude oil tumbled to its lowest level since 2021. Other basic building blocks for economic growth, such as copper, also saw prices slide on worries that the trade war will weaken the global economy. ![President Donald Trump walks to board Marine One after speaking with reporters on the South Lawn of the White House, Thursday, April 3, 2025, in Washington. (AP Photo/Evan Vucci)](https://dims.apnews.com/dims4/default/e9eac50/2147483647/strip/true/crop/6000x4000+0+0/resize/599x399!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2F6b%2F2b%2F6ec2f09641c357bc2797523ed1f3%2F26f7dc7a89bc45639b1bba4c2fff526b) President Donald Trump walks to board Marine One after speaking with reporters on the South Lawn of the White House, Thursday, April 3, 2025, in Washington. (AP Photo/Evan Vucci) ## What is Trump saying about all of this? Trump [has insisted](https://apnews.com/article/donald-trump-tariffs-golf-813c7a300021445636f63fddbfd38c83) he isn’t changing his trade policies — describing them as a painful yet necessary step to encourage companies to relocate their operations to the U.S. After stocks plunged on Thursday, he maintained that things are “going very well” and said both the markets and the country were “going to boom” from the tariffs. Trump on Friday defended tariffs again on his social media platform Truth Social. “IT’S ALREADY WORKING. HANG TOUGH, WE CAN’T LOSE!!!” he wrote. Trump was swift to criticize Beijing’s move, claiming that China panicked and “PLAYED IT WRONG ... THE ONE THING THEY CANNOT AFFORD TO DO!” Meanwhile, others continue to warn that the scale of Trump’s tariffs could backfire. Federal Reserve Chair Jerome Powell [said Friday](https://apnews.com/article/tariffs-inflation-economy-trump-powell-490417656971634592bbeb3b2ade3593) that the tariffs were “significantly larger than expected” and are “highly likely” to cause more inflation — at least in the short term but possibly in the long term as well. \_\_\_\_\_\_\_ AP Business Writers Paul Wiseman in Washington, Elaine Kurtenbach in Bangkok and Stan Choe in New York contributed to this report.
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