US President Donald Trump has threatened China with a 104 per cent tariff, if Beijing doesn’t drop its 34 per cent tariff on US goods.
President Trump announced the plan on social media, as stock markets across the world continued to plummet.
What’s next?
Beijing has not yet commented on the president’s threat.
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China should respond by increasing to 50% first.
If china retaliates more, as a non american I will place more orders from china. maybe china could reduce prices and tariffs for rest of the world.
Congratulations, Donald Trump heard your suggestion.
