https://www.taxtmi.com/news?id=40441 The article reports a rapid tariff escalation between the United States and China marked by successive mutual tariff hikes, reciprocal trade measures, and deployment of tariffs, import curbs, export controls and blacklisting. It emphasizes competing strategic calculations-US use of tariffs as leverage versus China's preparedness and resilience-and warns that the tit for tat dynamic narrows diplomatic off ramps, risks broader economic harm to businesses and markets, and could spill into technology and geopolitical domains. en-us Thu, 10 Apr 2025 03:01:04 +0530 Thu, 10 Apr 2025 03:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=40441 The article reports a rapid tariff escalation between the United States and China marked by successive mutual tariff hikes, reciprocal trade measures, and deployment of tariffs, import curbs, export controls and blacklisting. It emphasizes competing strategic calculations-US use of tariffs as leverage versus China's preparedness and resilience-and warns that the tit for tat dynamic narrows diplomatic off ramps, risks broader economic harm to businesses and markets, and could spill into technology and geopolitical domains. News - Thu, 10 Apr 2025 03:01:04 +0530 https://www.taxtmi.com/news?id=40441