#CryptoTariffDrop China announced that it would adjust the additional tariff rates on goods imported from the United States, as stipulated in the 'Announcement of the Tariff Commission of the State Council on the Imposition of Additional Tariffs on Goods Imported from the United States', increasing the tariff rate from 34% to 84%. A situation that caused a short-term drop in U.S. stocks immediately after the announcement.
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