Trump Under Pressure as China Declares Tariff War With 125% Hike on U.S.
China will impose 125% tariffs on U.S. goods starting Saturday, up from the previously announced 84%, as the trade war between the world’s two most powerful nations continues. “The U.S.’s imposition of abnormally high tariffs on China seriously violates international trade rules, basic economic laws, and common sense,” Beijing’s State Council Tariff Commission said in … Read more