China says 'market has spoken' after US tariffs spark selloff

You know what’s funny? I never really cared about things like trade wars or tariffs before. Global economy stuff? Felt like something way out there—nothing to do with my day-to-day life. But now? It kinda feels like those big words are sitting right across from me at the dinner table.

So how did this all start? Well, Trump made an announcement—not exactly breaking news, right? But this one hit different. He slapped a new 34% tariff on Chinese goods. Add that to the previous ones, and boom—total tax shoots up to nearly 70%. Crazy, right? And of course, China didn’t just sit there. They fired back with their own set of tariffs and even started holding back on some rare minerals that our tech world runs on.

And we? The regular people? We’re stuck in the middle of this ping-pong match.

Just the other day, I went out to buy a pair of headphones. Nothing fancy—something I’ve bought before, so I kinda knew the price. But this time? The guy at the shop asked for 600 Taka more than last time. I was like, “Wait… wasn’t this cheaper just a few weeks ago?”
And he goes, “Yeah bhai, bringing stuff from China is costlier now. We gotta raise prices too.”

That moment hit me. I mean, I’m just trying to listen to music, not fund a trade war. But here it is—global politics messing with my earphones. And it’s not just tech stuff either. Groceries? Prices are creeping up. Rice, lentils, even paper. Paper, man!

And then there's the stock market. Don’t even get me started. I had some investments—pretty safe ones too. Thought I was being smart. Then bam! S&P 500 drops 9% in a week. Haven’t seen that kind of fall since the COVID days. I just sat there, staring at my screen, thinking, “Seriously? What now?”

I remember this Chinese guy—Guo Jiakun—he once said, “The market has spoken.” Sounded simple at the time. But now? I get it. That sentence isn’t just about numbers. It’s about real people. Their savings, their struggles, their little dreams.

And this whole mess? It’s not just about the US and China anymore. Europe’s feeling it. India too. Some countries are rushing to find new trade buddies. Others are trying to push local products into the spotlight.

So, I started asking myself—are we just gonna sit and watch this unfold? ‘Cause if we don’t start doing something, even the basics might feel like luxury soon. These days, I try to buy local when I can. Sure, the quality’s not always top-tier, but it feels good—like I’m supporting people around me.

But look, I’m not saying I can fix this alone. Nah, this needs everyone—government, business owners, buyers—pulling in the same direction. We can’t stop big countries from doing what they do, but maybe we can soften the blow.

One last thing I wanna say—this whole trade war? It ain’t a movie. It’s not something we just watch and then move on. This is real life. One announcement from some leader somewhere, and suddenly your grocery bill goes up, your small business struggles, your plans take a hit.

So yeah, maybe it’s time we stop just shaking our heads at the news and start thinking for ourselves. ‘Cause this isn’t just about politics—it’s about our lives."

How Rising Tariffs Are Impacting Our Daily Lives

The metals and chemicals traders' chamber said the tariffs "will push up the import cost for U.S. importers and the consumption cost for consumers, exacerbate domestic inflation in the U.S., and increase the possibility of a U.S. recession."

China says 'market has spoken' after US tariffs spark selloff

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