The tariff war has officially begun!
Breaking news! This morning, White House press secretary Leavitt said at the White House briefing that the US will raise the import tariffs on Chinese goods to 104% starting April 9th.
According to Fox News, citing a message from the US White House, since China has not yet canceled its retaliatory tariffs, the US has raised the tariffs on Chinese imports from 50% to 104%. The new regulations will take effect on April 9th.
Micro-comment: Many people's pessimism is meaningless. Russia, such a large economy, has been fully sanctioned by the entire Western economy, completely disconnected, with over $400 billion in overseas assets frozen, and it has been fighting for three years without much impact.
China only needs to deal with one America today. With such a huge economic volume, let's just do it. What can they do?
Even though the US has imposed both "verbal" and "physical" fights on Russia, nothing much happened, and the US itself got severely hurt. So, does the US want to verbally fight China?
Trump must have lost his mind. There is only one loser, and that is the US.
Original article: https://www.toutiao.com/article/1828886576979082/
Disclaimer: The article solely represents the author's personal views.