Donald Trump has introduced a new phase in the trade conflict with China by proposing a 10% tariff on various Chinese imports. This move raises concerns about the potential for further escalations in trade tensions between the two economic powerhouses.

President Xi Jinping now faces a crucial decision on how to respond to this tariff threat, as it could have significant implications for both nations' economies. The announcement indicates a renewed commitment from the U.S. to use tariffs as a negotiating tool with Beijing, which could impact global markets and trade dynamics.

Market analysts are closely monitoring the situation, as the outcome of this tariff battle could influence economic policies and trade relations not only between the U.S. and China but also with other countries involved in global supply chains.