WATCH THE VIDEO HERE China has announced an 84% retaliatory tariff on US imports, escalating the trade war between the two global economic powerhouses. This move comes in response to President Donald Trump’s 104% tariff on Chinese goods, which took effect today. China’s tariff on US imports will now rise from 34% to 84%, effective Thursday. US stock index futures plummeted on Wednesday, with Dow E-minis down 1.87%, S&P 500 E-minis down 1.72%, and Nasdaq 100 E-minis down 1.45%. The tit-for-tat exchange is part of an ongoing trade dispute between the US and China, with both countries imposing tariffs on each other’s goods. This is a developing story…
BREAKING: China claps back with 84% tariff on U.S imports, escalating trade war
