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🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
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US 🔥 escalation Washington threatens tariffs of up to 245% on Chinese imports!
🇺🇸⚔️🇨🇳
In the latest chapter of the trade war between the world's two largest economies, the United States announced its intention to impose tariffs of up to 245% on a wide range of Chinese imports.
The move is part of Washington's policy to curb what it calls "unfair trade practices" by Beijing.
What happened?
April: Washington has imposed new tariffs of 34%.
China retaliated with a corresponding fee of (34 )%.
America responded with an additional +50% (المجموع 104%).
China countered this by raising the percentage to 84%.
America was raised again to 125%.
With the inclusion of the fentanyl crisis, fees have risen to 145%.
Today: The threat of 245% exacerbates trade escalation!
Are we facing a strong return to an all-out trade war?
Markets are waiting, and the effects may extend globally, especially on supply chains and commodity prices.
#BTC #PI #ETH
#TrumpTariffs #GateioInto11