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Trump Imposes 104% Tariff on Chinese Goods
Cheddar News
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9 months ago
President Trump has announced a significant escalation in the trade conflict with China by imposing a 104% tariff on Chinese goods.
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00:00
President Trump has announced a significant escalation in the global trade conflict by
00:04
imposing a 104 percent tariff on Chinese goods.
00:07
The decision follows China's recent 34 percent retaliatory tariff response on U.S. goods,
00:13
set to take effect April 9th.
00:15
The White House has criticized China's actions, citing the U.S. trade deficit with Beijing.
00:20
In response, China has condemned the U.S. measures as blackmail and has vowed to, quote,
00:25
fight till the end to protect its interests.
00:28
This intensification of tariffs has raised concerns about a full-scale trade war between
00:33
the globe's two largest economies.
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