China on Friday announced its decision to raise retaliatory tariffs on US imports from 84 percent to 125 percent
Hashtag: #USANews
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Trump hands China 125 percent tariff, partial respite for India and 74 other countries
Trump made these announcement on social media, stating that the decision to raise tariffs on China was due to the lack of respect China has shown to the world’s markets. He mentioned that China’s actions of “ripping off” the US and other countries will no longer be accepted.
Trade war: China hits back with 84 percent tariffs on all US imports after Trump’s 104 percent duty
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