Trump Threatens New Tariffs on China Amid Trade Tensions
Former President Donald Trump has threatened to impose a 50% tariff on goods imported from China. This action is in response to China's potential retaliatory tariffs on U.S. products. The move signals a potential escalation in trade tensions between the two economic superpowers. Experts are closely watching the situation for potential impacts on global markets.
Former President Donald Trump stated he may implement a 50% tariff on Chinese imports if China proceeds with imposing its own tariffs on American goods. This announcement comes amidst ongoing trade disputes between the United States and China. The potential imposition of new tariffs raises concerns about increased costs for consumers and businesses. Economists warn that such measures could disrupt global supply chains and negatively impact economic growth. The situation remains fluid, and further developments are expected in the coming days.
Source: Read the original article at CBS