World News@lemmy.worldEnglish · 14 days ago

China strikes back with 125% tariffs on U.S. goods, starting April 12

www.cnbc.com

cross-posted to:
news@lemmy.world

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China strikes back with 125% tariffs on U.S. goods, starting April 12

www.cnbc.com

return2ozma@lemmy.world to

World News@lemmy.worldEnglish · 14 days ago

cross-posted to:
news@lemmy.world

China strikes back with 125% tariffs on U.S. goods as trade war intensifies

www.cnbc.com

Trump administration confirmed to CNBC on Thursday that the U.S. tariff rate on Chinese imports now effectively totals 145%.

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FrankMaleir@lemmy.world
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14 days ago
At some point it might as well be 1 billion percent.
- A_A@lemmy.world
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  14 days ago
  indeed … at the point where trade essentially stops, the exact tariff percentage becomes irrelevant.
- evenglow@lemmy.world
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  14 days ago
  RTFA. Your comment is what China said. At this level trade basically stops. That’s the point.

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