đš JUST IN: đšđł đșđž China to impose additional 34% tariff on US goods đ„
Is this the start of another trade war?
Whoa! Big news in the global marketâChina just announced itâs slapping a massive 34% tariff on goods coming from the U.S. đšđłâïžđșđž And itâs not just a small moveâthis is a major clapback!
Why now?
This comes right after former President Trump dropped fresh tariffs on Chinese imports, raising total U.S. tariffs on China to over 70%. Yes, seventy! Thatâs more than 10 times higher than before the 2018 trade war even began.
What does it mean?
Prices could go up for everyday stuff. Companies may slow down. And markets? Theyâre already shaking! Investors are rushing to safer options, and stock futures are slipping.
In simple terms:
Chinaâs saying âenough!â with this 34% hit.
The U.S. pushed first, now Chinaâs swinging back.
This could mess with global trade and hurt both economies.
Hold on tight, worldâthis could get bumpy!
What do YOU think?
Will this help anyone or just make things worse? Letâs talk in the comments!
#TrumpTariffs #ChinaTariffs