On April 2, US President Donald Trump escalated his trade war to new heights by announcing final tariffs that are significantly more aggressive than when he first began the tariff war early in his presidency.

His latest move includes a sweeping 10 per cent across-the-board tariff on imports, as well as country-specific tariffs designed to match 50 per cent of the rates that those nations impose on American goods.

As a result, India now faces tariffs of 26 per cent, the European Union 20 per cent, and Vietnam a staggering 46 per cent. China, already embroiled in an ongoing trade dispute with the US, will be hit with tariffs of at least 54 per cent, further intensifying tensions between the two economic........

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