In a significant escalation of trade tensions, the US has introduced sweeping tariffs on goods imported from China, with rates reaching up to 54%. This move has been met with strong condemnation from China, which has urged the US to immediately cancel the tariffs and vowed to implement countermeasures. Chinese officials and media commentators have portrayed the situation as a unilateral act of bullying by the US, stating that there are no winners in a trade war. While some Chinese analysts see opportunities arising from the steep tariff hikes, factories in China report feeling the pressure as tariffs hit hard. The EU and China have signaled readiness to respond collectively against these tariffs. As the global trade war intensifies, reactions from world leaders have been overwhelmingly critical of the US approach, raising concerns about the broader implications for global markets.