The US Is in a Trade War With China: Financial Expert | Business Matters (April 9)

China is hitting back with increased tariffs on all goods imported from the United States. The move came just hours after President Donald Trump levied 104 percent tariffs on Chinese goods, a measure that took effect on Wednesday morning. China’s finance ministry said the communist regime’s new tariffs, effective from Thursday, would now be 84 percent—up from the previously announced 34 percent. Soon after that, Trump said he would raise the tariff on Chinese imports to 125 percent.