China’s Nightmare Begins: Yuan May Devalue 50%, Trump Could Impose 60% Tariffs Next
China’s Nightmare Begins: Yuan May Devalue 50%, Trump Could Impose 60% Tariffs Next
Udumbara
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Trump publicly promised to raise tariffs on imports. He plans to impose a 60% tariff on Chinese imports and a 10% to 20% tariff on products from other countries. If this policy takes effect, it could spark another trade war.
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