US President Donald Trump has threatened China with a 104 per cent tariff, if Beijing doesn’t drop its 34 per cent tariff on US goods.

President Trump announced the plan on social media, as stock markets across the world continued to plummet.

What’s next?

Beijing has not yet commented on the president’s threat.

  • Lit@lemmy.world
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    6 days ago

    China should respond by increasing to 50% first.

    If china retaliates more, as a non american I will place more orders from china. maybe china could reduce prices and tariffs for rest of the world.

    • FelixCress@lemmy.world
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      6 days ago

      If I was China I would simply respond by saying any increase in tarrifs by the USA will be met with identical increase by China.

      • Lit@lemmy.world
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        6 days ago

        yup, china should respond with increases without saying anything. It should be automatic.

        Link a certain percentage reduction to how many times Trump says “thank you” in mandarin to china everyday.