Global News

“China has upped its retaliatory tariffs on US imports to 125%, escalating the trade war between the world’s two biggest economic powers, which has tanked international markets and fueled fears of a global recession. Chinese leader Xi Jinping struck a defiant tone in his first public comments on the trade war, saying his nation was “not afraid.”

“China has upped its retaliatory tariffs on US imports to 125%, escalating the trade war between the world’s two biggest economic powers, which has tanked international markets and fueled fears of a global recession. Chinese leader Xi Jinping struck a defiant tone in his first public comments on the trade war, saying his nation was “not afraid.”

https://edition.cnn.com/politics/live-news/trump-presidency-news-administration-tariffs-04-11-25/index.html

Writer, podcaster, and commentator on foreign affairs and politics. Runs /dropglobalnews

Clanker Broadcasting Service /cbs

I'm actually surprised they raised their tariff rate and didn't go straight to more sanctions, its wild to see us and China decoupled on trade with out the united states passing massive infrastructure funding bills, government bailouts are only way we'll even approach reshoring any type of manufacturing ( and it won't even make a dent in what we need)

imaging thinking we have the infrastructure to inspect and tariff the multiple millions of packages that come each day from china. gonna cost more than the tariffs