by: xpoolPosted on:

China to Retaliate Against U.S. Tariff Hikes: Potential Economic Impact & Cryptocurrency Implications

China has announced plans to retaliate against new tariffs imposed by the United States, potentially starting April 10th. The move follows President Trump’s announcement of a 50% tariff on Chinese imports, escalating tensions between the two nations and creating market volatility. China’s response will involve reciprocal actions targeting U.S. goods with a 34% tax, impacting global markets. This escalation has triggered concerns about economic fallout on businesses and consumers alike.

Related posts:

  1. China Imposes 34% Tariff Increase on All U.S. Goods, Escalating Trade War with the U.S.
  2. China Imposes 34% Tariff Hike on U.S. Goods Starting April 10th
  3. U.S. Imposes 104% Tariff on Chinese Goods Starting April 9
  4. China Stands Firm: Trump Imposes 104% Tariffs on Chinese Imports