China retaliates to Trump’s ‘bullying practice’ with 34% tariffs on US imports
Stock markets continue to plummet after the US president’s tariffs ignited trade war fuelling fears of a global recessionStock markets around the world plunged for a second day on Friday as China announced retaliatory tariffs of 34% on US imports, signalling a major escalation of a trade war ignited by Donald Trump and feeding fears of a global recession.“For all imported goods originating from the US, an additional tariff of 34% on top of the current applicable tariff rate will be imposed,” Beijing’s finance ministry said. Continue reading...
Stock markets continue to plummet after the US president’s tariffs ignited trade war fuelling fears of a global recession
Stock markets around the world plunged for a second day on Friday as China announced retaliatory tariffs of 34% on US imports, signalling a major escalation of a trade war ignited by Donald Trump and feeding fears of a global recession.
“For all imported goods originating from the US, an additional tariff of 34% on top of the current applicable tariff rate will be imposed,” Beijing’s finance ministry said. Continue reading...
What's Your Reaction?
