Trump tariffs live updates: China vows 'resolute measures' as Trump's 104% tariffs kick in

China–U.S. trade tensions
China asserted that U.S.-China trade is already balanced when factoring trade in services and U.S. companies’ domestic Chinese branches.

It again vowed to "fight to the end" against Trump’s tariffs.

China vowed "resolute measures" to defend its trading rights, urges U.S. to negotiate respectfully.

Bangladesh apparel fears
Garment manufacturers and exporters in Bangladesh are worried about losing share in the U.S. apparel market amid 37% tariffs.

South Korea’s automobile funding program
South Korea launches $2B rescue package for its automobile industry as Trump’s tariffs hit.

Asia market reaction
Asian shares tumbled as U.S. tariffs sparked fears of prolonged trade uncertainty and a potential U.S. recession.

Canada strikes back
Canada imposed a 25% tariff on certain U.S. car imports, while also rolling out domestic support measures for its automobile sector.

Shein & Temu hit
Trump tripled tariffs on low-value Chinese packages to 90%, targeting e-commerce giants like Shein and Temu, with further increases planned.

Trump's new tariffs take effect
Trump's sweeping new tariffs officially took effect, escalating global trade tensions, hitting China hardest with a cumulative 104% rate.