China hits back hard at ‘bullying’ Trump tariffs as global recession fears grow

China hits back hard at ‘bullying’ Trump tariffs as global recession fears grow - short news


Beijing imposes punitive 34% extra tariffs on all goods imported from US, exacerbating stock market sell-off

China has hit back hard against Donald Trump’s “bullying” tariffs, raising fears that the escalating trade war could trigger a global recession and prompting fresh turmoil in financial markets.

Beijing retaliated on Friday with punitive 34% additional tariffs on all goods imported from the US – mirroring the US decision and exacerbating a sell-off on global..


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source: The Guardian - 04.04.2025

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