China has announced new tariffs of 84% on the US, in a response to Donald Trump’s trade war that will raise fears of further escalation.The Chinese ministry of finance said it will impose 84% tariffs on US goods from Thursday, up from the 34% previously announced, according to Reuters.
(www.axios.com)
🤜 FIGHT! FIGHT! FIGHT! 🤛
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Let me do the math. U.S. total goods trade with China were an estimated $582.4 billion in 2024. U.S. goods exports to China in 2024 were $143.5 billion, I don't see a China win here! Kek
This means the $1.25 Tree will now become the $2Dolla Tree.