<ul><li>President Trump's administration imposes heavy tariffs on Chinese goods, some as high as 245%.</li><li>This move escalates trade tensions and is a response to China's export restrictions on crucial raw materials.</li><li>Products like needles, syringes, lithium-ion batteries, seafood, wool sweaters, and plastic dishes will be significantly affected by the tariffs.</li><li>Companies will have to assess their supply chains to determine the impact of these tariffs on their operations.</li></ul>

Trump’s Trade Bombshell: Tariffs on China Hit 245%

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