U.S. Tariffs Spark Economic Alarm The Trump administration has announced a major hike in import tariffs, introducing a base 10% tax on all imports and much higher country-specific rates. China is set to face an effective 54% tariff — far higher than expected. According to Morgan Stanley, the average U.S. tariff rate could now reach … Continue reading U.S. Tariffs Shock: Rising Recession Risk and Global Trade War Fears