President Trump has escalated his trade war against China by imposing a 104% tariff. The White House confirmed that the new tariffs would take the total tariff on China to 104% if China does not back down. Trump stated that he does not want China to spend money on their military and threatened to end negotiations with China if they do not withdraw the 34% tariff.
image sourced from original article at https://timesofindia.indiatimes.com/world/us/trump-on-104-tariff-on-china-i-dont-want-them-spending-money-on-their-military/articleshow/120074960.cmsOriginal article source: https://timesofindia.indiatimes.com/world/us/trump-on-104-tariff-on-china-i-dont-want-them-spending-money-on-their-military/articleshow/120074960.cms
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