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.
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.
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.