Summary

China has shrugged off the latest U.S. tariff hike, dismissing the Trump administration’s threats as a “meaningless tariff numbers game.”

Donald Trump’s move to impose tariffs “wiped trillions of dollars off Wall Street” and raised duties on foreign goods, claiming to bring back U.S. manufacturing jobs.

A White House fact sheet announced tariffs on some Chinese imports would rise to 245%.

China’s Commerce Ministry said the move “fully exposes the fact that the United States has become irrational” and vowed to see the trade war “through to the very end.”

    • @CmdrShepard42@lemm.ee
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      111 month ago

      Unless things have changed in the last couple days, they announced Sunday that they were removing the exemption on computers and electronic devices that was announced last Friday.

      • @aesthelete@lemmy.world
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        1 month ago

        They’re revoking the revocation of the revision of the exemption from last Tuesday with a “truth” posted today. Those who were responsible have sacked those not responsible.

      • @TriflingToad@sh.itjust.works
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        1 month ago

        oh I didn’t know that, thanks for the update!

        so glad to see they thought through their amazing plan before affecting people’s already difficult lives 😃