China Strikes Back, Hitting America With an 84 Percent Tariff in Response to Trump
‘The United States is playing a zero-sum game,’ the country’s foreign ministry said of the new American tariffs.
China will raise their tariffs on American goods to 84 percent on Thursday after President Trump raised his tariffs on Chinese imports to 104 percent on Wednesday morning. Though the administration was able to dodge another ‘Black Monday,’ the new import taxes from both countries threaten to spook investors and expand the new trade war.
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