🚨 China will raise tariffs on American goods to 125% 🔥
China has responded strongly to the ongoing trade war! After the United States raised tariffs on Chinese goods, China is now planning to impose tariffs on American products as well, reaching up to 125%!
Here’s what China is targeting:
▪︎📦 15% tariff on coal and liquefied natural gas
▪︎⛽ 10% tariff on crude oil, agricultural machinery, and some vehicles
What is happening in the markets right now?
▪︎📉 S&P 500 Index (SPY): $524.58 (down 4.36%)
▪︎📉 Tesla (TSLA): $252.40 (down 7.22%)
▪︎📉 Alibaba (BABA): $104.18 (down 5.92%)
▪︎📉 Chinese ETF (FXI): $31.56 (down 2.53%)
The importance of this:
▪︎🛢️ Energy prices may rise as American exports to China decrease.
▪︎🚗 American car companies may face greater difficulties abroad.
▪︎📊 Global markets are feeling pressure - investors are feeling tense.
Tensions are rising rapidly - this is no longer just talk. It is real action that could shake the global economy. Buckle up! 🌍🔥
