It’s started.
At 12.01am EST (04:01 GMT) on Wednesday, United States President Donald Trump’s “reciprocal” trade tariffs kicked in. And no country has been hit worse than China, which now effectively faces a 104 percent levy on the goods it sells to the US.
Even as Washington moved to start negotiations with other trading partners targeted by tariffs, the new levies on Beijing mean that anything the US imports from China will cost more than double what it did two months ago. In…
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News Source: www.aljazeera.com
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