President told Fox he was ‘very strongly clamping down’China responded by saying it plans to impose tariffs of similar size and intensityDonald Trump has announced a 25% tariff on $50bn of Chinese goods, escalating trade tensions a day after Beijing officials warned China was preparing to retaliate. The move, after a long war of words, escalates the possibility of a full trade war between the world’s two leading economies.China responded by saying it plans to impose tariff measures of similar size and intensity. Continue reading…
Via: Trump announces bn in China tariffs, escalating possibility of trade war
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