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The ongoing trade tensions between the U.S. and China are largely driven by former President Donald Trump's tariff policies. These tariffs, essentially taxes on imported goods, aim to protect domestic industries but often burden consumers with higher prices. A recent policy change eliminates the de minimis exemption, which allowed Chinese packages under $800 to enter the U.S. duty-free. This will increase costs for American consumers, particularly affecting those who purchase from online retai..

President Donald Trump's aggressive tariff strategy has sent ripples of uncertainty through global markets. The recent imposition of tariffs, starting at 10% on imports, has particularly targeted countries like China, Vietnam, and the European Union, with higher rates for specific sectors such as automotive and technology. The move has led to significant market volatility, as evidenced by the sharp decline in U.S. indices like the Dow Jones, Nasdaq, and S&P 500, which have experienced their wo..