Washington/IBNS, April 7 -- Donald Trump has announced an additional 50 percent tariff on China after Beijing imposed a retaliatory 34 percent tariff on the United States, following the US President's sweeping reciprocal tariff order.
This now takes the US tariff on all Chinese goods to an all-time high of 84 per cent as the US-China trade war escalates.
This is far above the 10 percent global tariff, which the White House declared applicable on all nations worldwide, and takes China's tally of Trump's tariffs to a staggering 94 percent.
Citing his earlier "warning" to "tariff abuser" China, he shared a post on his social media platform Truth Social, in which he wrote, "Yesterday, China issued retaliatory tariffs of 34 per cent, on top...
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