In a significant escalation of trade tensions, the United States has announced a universal tariff of 10% on all imports, with even higher rates imposed on specific countries. This decision comes days after President Donald Trump hinted at a potential visit to Beijing. The tariffs on certain nations are set to take effect shortly, with rates reaching as high as 34% for Chinese products and 20% for the European Union. Trump declared that this move is intended to protect American industry, stating...