China 🇨🇳 retaliates to US tariffs by 104%, Chinese spokesperson issues statement.
"We Chinese are not troublemakers, but we will not back down when problems arise. Intimidation, threats, and blackmail are not the right way to deal with China. We will not allow anyone to deprive the Chinese people of their legitimate right to development. We will not tolerate any attempt to undermine China's sovereignty, security, and development interests.
Judging by its actions, it appears the US is not serious about holding talks at this time. If the US truly wants to talk, it must demonstrate to the world its willingness to treat others with equality, respect, and mutual benefit. If the US decides not to care about its own interests, those of China and the rest of the world, and is determined to wage a tariff/trade war, China's response will continue until the end."
US tariffs officially take effect
🇳🇮 Nicaragua - 18%🇿🇼 Zimbabwe - 18%🇮🇱 Israel - 17%🇲🇼 Malawi - 17%🇵🇭 Philippines - 17%🇿🇲 Zambia - 17%🇲🇿 Mozambique - 16%🇳🇴 Norway - 15%🇻🇪 Venezuela - 15%🇳🇬 Nigeria - 14%🇹🇩 Chad - 13%🇬🇶 Equatorial Guinea - 13%🇨🇲 Cameroon - 11%🇨🇩 Democratic Republic of the Congo Congo - 11%🇦🇫 Afghanistan - 10%🇦🇱 Albania - 10%🇦🇩 Andorra - 10%🇦🇮 Anguilla - 10%
🇦🇬 Antigua and Barbuda - 10% 🇦🇷 Argentina - 10%