China, United States and tariffs
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El Paso Times |
On Friday, China retaliated by imposing reciprocal 34% tariffs on all imports from the United States.
Reuters |
Canada's main stock index on Wednesday surged by the most in five years, led by gains for resource and technology shares, as investors cheered a sudden reversal by the U.S. on tariffs.
CNN |
The higher tariffs on China came after Beijing announced new retaliatory tariffs on the United States to take effect on Thursday.
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Commerce Secretary Howard Lutnick said President Trump "wasn't kidding," and his reciprocal tariffs will take effect later this week.
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2don MSNOpinion
Tariffs are not going to make other countries respect the United States. But they can make them move on without it.