cupure logo
trumptrumpstariffsbusinessshoppersmajortechwarchinadonald

Chinese foreign ministry calls US tariffs 'economic bullying' – video

Trump's tariffs are 'a typical act of unilateralism, protectionism, and economic bullying,' Lin Jian, a spokesperson for the Chinese foreign ministry, has said. Trump has slapped China, the world's second-biggest economy, with additional 34% tariffs, bringing the total new levies on the country this year to 54% and the overall tariff rate to 74%, UBS reported. Trump also closed a trade loophole that had allowed low-value packages from China to enter the US duty-freeFTSE 100 plunges to one-year low amid market turmoil, as Goldman Sachs raises chances of US recession to 45% – business live Continue reading...

Comments

Similar News

Business News