Tariff war updates
President Donald Trump dramatically reversed course, dropping his country-specific tariffs down to a universal 10% rate for all trade partners except China.
China’s tariff rate will jump to 125%, effective immediately, the White House says.
White House advisors claimed the flip flop was always the strategy, suggesting that the past week of massive tariffs that triggered huge market losses was all for show.!!? 😡🤬
Beijing has announced a reciprocal 84% tariff rate on U.S. goods, effective April 10.
China issued new travel warnings for its citizens about visiting the United States.
