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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    7 days 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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      7 days 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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      7 days 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 😃