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🇨🇳🥊🇺🇸 #macro A White House spokeswoman said the 104% duties on China went into effect at noon Eastern time because China has not withdrawn its retaliatory measures. The 104% duties will be levied starting tomorrow, April 9. – FOX White House press conference…
🇺🇸👀 #macro White House:
– US will continue to impose reciprocal duties;
– Additional duties for China will go into effect on April 9, and a 104% tariff on China will go into effect tomorrow;
– If China makes a deal, Trump will be magnanimous;
– Deals to reduce tariffs will only be done if it’s good for American workers and reducing the trade deficit;
– US Trade Representative: About 50 countries are negotiating tariffs with the US, and many will not impose retaliatory measures. I see a clear distinction between China and other countries seeking to negotiate.
🇨🇦 Meanwhile, Canada is imposing a 25% tariff on some cars made in the US.
🇨🇳 China: US not serious about trade talks: ‘We are determined to wage a trade war to the end’
* This article was originally published here
