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China Full Retaliation Begins: US Imports Canceled, Severe Export Cuts, USD Asset Sell-Off Next
7 months ago
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Politics
ChinaRetaliation
USEconomy
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USDselloff
EconomicTensions
China Full Retaliation Begins: US Imports Canceled, Severe Export Cuts, USD Asset Sell-Off Next
In a brutal retaliation, China has fully hit back on their US imports, matching Trump's whopping 34 percent tariff. In addition to that, Beijing has also imposed severe critical export cuts. We can also expect them to start dumping even more US assets down the line too
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