Here's how Beijing responded to Trump's new $300 billion tariff threat earlier this week.
The move breaks a truce in the long-running trade war between Washington and Beijing, with investors fearful it could further disrupt global supply chains., in large part because negotiators for the two sides had just met earlier this week in China.closed 280.85 points lower at 26,583.
42 on Thursday, after rallying as much as 311 points earlier in the day.It means that all Chinese goods entering the U.S. will be subject to some sort of duties. While the actual price tag of the latest action is technically just $30 billion, or about 0.14% of GDP , there may be a significant psychological shift for the global economy as many wonder whether
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