Global Trade War Intensifies as China Strikes Back With 84% Tariffs on US Goods

The global trade war reached new heights on Wednesday as China announced steep 84% tariffs on US goods, up from the previously declared 34%. This retaliatory move came just hours after US President Donald Trump’s aggressive 104% tariffs on Chinese imports took effect. The tit-for-tat escalation has sent shockwaves through financial markets and rattled global …

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