{"id":38724,"date":"2025-04-14T11:50:40","date_gmt":"2025-04-14T11:50:40","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2025\/04\/14\/sky-high-us-china-tariffs-are-a-mutual-trade-embargo-that-will-hurt-both-sides\/"},"modified":"2025-04-14T11:50:40","modified_gmt":"2025-04-14T11:50:40","slug":"sky-high-us-china-tariffs-are-a-mutual-trade-embargo-that-will-hurt-both-sides","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2025\/04\/14\/sky-high-us-china-tariffs-are-a-mutual-trade-embargo-that-will-hurt-both-sides\/","title":{"rendered":"Sky-high US-China tariffs are a mutual trade embargo that will hurt both sides"},"content":{"rendered":"<p>Effects could tip US into recession and undermine China\u2019s already fragile economy but prospects for rapprochement are not hopeless<\/p>\n<ul>\n<li><a href=\"https:\/\/www.theguardian.com\/us-news\/2025\/apr\/14\/trump-warns-exemptions-on-smartphones-electronics-will-be-short-lived-promises-future-tariffs-president-china\">Trump says exemptions on smartphones, electronics will be short-lived<\/a><\/li>\n<li><a href=\"https:\/\/www.theguardian.com\/business\/live\/2025\/apr\/14\/asian-markets-rise-signs-of-trump-tariff-china-sky-wont-fall-retreat-british-steel-races-keep-furnaces-burning-business-live\">Business live \u2013 latest updates<\/a><\/li>\n<\/ul>\n<p>Sky-high tariffs that now hang heavily over US-China trade mean, effectively, that they have declared a trade embargo on each other, normally an act of war. The economic consequences for both will hurt.<\/p>\n<p>America\u2019s $150bn (\u00a3113bn) or so of exports to China will fall away quickly, while China\u2019s $440bn worth of exports to the US may drop by up to 75% over the next 18 months, unless some sort of negotiation happens. No one will be spared the effects.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2025\/apr\/14\/sky-high-us-china-tariffs-are-a-mutual-trade-embargo-that-will-hurt-both-sides\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Effects could tip US into recession and undermine China\u2019s already fragile economy but prospects for rapprochement are not hopeless Trump says exemptions on smartphones, electronics will be short-lived Business live \u2013 latest updates Sky-high tariffs that now hang heavily over US-China trade mean, effectively, that they have declared a trade embargo on each other, normally &#8230; <a title=\"Sky-high US-China tariffs are a mutual trade embargo that will hurt both sides\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2025\/04\/14\/sky-high-us-china-tariffs-are-a-mutual-trade-embargo-that-will-hurt-both-sides\/\" aria-label=\"Read more about Sky-high US-China tariffs are a mutual trade embargo that will hurt both sides\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-38724","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/38724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=38724"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/38724\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=38724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=38724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=38724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}