China, Trump and White House
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However, the agreement fell apart on Thursday after Trump announced a sweeping package of reciprocal tariffs, including new measures targeting China.
From Newsweek
President Donald Trump's move to slap a 10% tariff on most goods imported to the United States, as well as much higher levies on dozens of rivals and allies alike, has intensified a global trade war t...
From Reuters
"It's an all-round blockade against China," said Yuan Yuwei, hedge fund manager at Water Wisdom Asset Management, who said he was bullish on gold and shorting China and Hong Kong stocks as a result.
From Reuters
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The trade wars launched by U.S. President Donald Trump are escalating to new heights. Just days after Trump unveiled sweeping new “reciprocal” tariffs on imports from around the world, China levied a retaliatory 34% tariff on all U.
The Chinese government said it would match President Trump’s tariff, and also barred a group of American companies from doing business in China.
The Trump administration imposed a 10% minimum tariff on all imports coming into the country and even higher tariffs on other top trading partners.
The UK stock market closed 4.95% down, marking its worst day since the onset of the Covid pandemic in March 2020.
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Mediaite on MSNHouse Republican Roasts Trump Firing Cyber Command Chief After Laura Loomer Meeting: ‘Russia and China Are Laughing At Us’The White House fired one of our best generals and the smartest on cyber operations, and with no explanation. Russia and China are laughing at us.”
China announced it will impose 34% tariffs on the U.S., just days after President Donald Trump unveiled the same amount against Beijing under his reciprocal tariff plan.
First country retaliates against President Donald Trump's tariff plan. Find out what U.S. goods are hit by Chinese tariffs.
President Trump triumphantly held up a poster board in the Rose Garden on Wednesday showing the reciprocal tariffs he plans to impose on nearly every country in the world. But just how the White