Donald Trump says the United States will slap an additional 50% tariff on China. This is as a result of China’s retaliatory tariffs of 34%.
He says if China does not withdraw its 34% increase by tomorrow, the United States will impose additional tariffs on China which is 50% effective from April the 9th, 2025. That is what the markets in China and the rest of the world are facing at the moment.
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