Trade War Update – April 12, 2025

U.S.-China Trade Tensions Escalate

The U.S.-China trade conflict has intensified, with President Trump imposing tariffs up to 145% on Chinese impot. In retaliation, China has raised tariffs on U.S. goods from 84% to 125% citeturn0news0. These actions have disrupted global markets, leading to increased volatility and concerns over a potential recesson.

 U.S.-India Trade Negotiations Progess

Amid these tensions, the U.S. and India are making strides toward a bilateral trade agement. India is eager to finalize an interim deal within a 90-day window, aiming to double bilateral trade to $500 billion by 2030 citeturn0sach2. The U.S. has paused a 26% tariff on Indian goods, providing an opportunity for constructive negotiations citeturn0serch6.

As the U.S.-China trade war escalates, the U.S.-India trade relationship appears to be on a more collaboratie path.

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