China hits back at US with additional 34 per cent tariff on American goods as trade war intensifies

Credit: DNA- Published 2 weeks ago
China on Friday hit back at the US by imposing additional 34 per cent tariffs on all imported American products in retaliation to US President Donald Trump's decision to impose 34 per cent tariffs against Chinese exports, in the latest escalation of trade war between the top two economies.

Video credit: Oneindia
Published 1 week ago -  03:32
China Slams US Tariffs as 'Economic Bullying,' Warns of Global Instability Amid Escalating Trade War
China has blasted the United States for imposing new 34% tariffs, calling the move "economic bullying" and a threat to global stability. Beijing warns that the escalating tariff war may disrupt supply chains, hike consumer prices, and even spark a global recession. In response, China will impose a matching 34% tariff on all US goods by April 10 and has filed a complaint with the WTO. As markets tumble worldwide, experts warn the ongoing tit-for-tat is more about politics than policy — and it’s dragging the global economy down with it. #USChinaTensions #TradeWar #TrumpTariffs #ChinaRetaliates #GlobalRecession #EconomicBullying#WTOComplaint #TariffBattle #BeijingResponds #Protectionism #GlobalTradeCrisis #TrumpChinaConflict#MarketCrash #ChinaUSTrade #GlobalMarketsFall #ConsumerPrices #TradeStandoff #LinJian #34PercentTariff #AmericaFirstPolicy ~GR.124~HT.408~

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