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.
Read More