China responds to Trump’s tariffs as trade war intensifies

China struck back in the trade war with the United States earlier this morning, announcing it would raise tariffs on U.S. goods from 84% to 125%. A Chinese finance official stated that President Donald Trump’s most recent tariff increase on China to 145% “won’t create any economic damage” and suggested it will become a “joke in world economic history.” https://www.wtkr.com/politics/economy/china-strikes-back-new-tariffs-on-us-goods-as-trade-war-intensifies

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