China Raises Tariffs on US Goods to 84% as Trade Rift Worsens
China will impose an 84% tariff on all imports from the US starting April 10 in retaliation against new tariffs imposed by President Donald Trump. The move came hours after the steepest American tariffs in a century went into force, taking Trump's duties on Beijing this year to 104%. Leland Miller, CEO at China Beige Book, joins Bloomberg Intelligence to break down what this means for the future of world trade (Source: Bloomberg)
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