Washington:
Donald Trump has announced an additional 50 per cent tariff on China less than 48 hours after Beijing announced a tit-for-tat 34 per cent tariff on the United States, which Trump had declared a day earlier as part of his reciprocal tariff order. This now takes US’ tariff on all Chinese goods to an all-time high of 84 per cent as the US-China trade war escalates.
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