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Its Official Now: A Global Trade War Has Just Started as the US Imposed $34 Billion Tariffs on China

Exclusive Capital Ltd.

A Global Trade War has officially started this morning as the US government made the tariffs threads against China real as they imposed 25% tariff in Chinese products with total sum $34 billion which took effect at 07:00 GMT+3 on early Friday’s European session.

US President Trump said last night that they are planning to increase the tariffs by another $16 billion in two weeks (total $50 billion tariffs), which are possible to increase to $550 billion tariffs in case the China retaliates.

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Exclusive Capital Ltd. Review

Source: https://www.exclusivecapital.com/its-official-now-a-global-trade-war-has-just-started-as-the-us-imposed-34-billion-tariffs-on-china/
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