China announces retaliatory action as Donald duck Trump's tariffs take effect

  • Currency: EUR

Yes, Donald duck Trump again. Not because I am interested in one way or another about the duck president, it's because we may see the first steps to an economical world war with USA as being very isolated or even another cold war. People already reacted to Donald duck Trump actions, Canada and Mexico also reacted and for the moment China has announced retaliatory tariffs on some American goods, as USA tariffs on all Chinese goods come into force, and BBC is speaking about it.

The Chinese tariffs - due to begin on Monday - would put a 15% import tax on USA coal and liquefied natural gas, plus 10% on crude oil, agricultural machinery, pick-up trucks, and some sports cars. Proposed USA tariffs of 25% on Canadian and Mexican goods have been postponed after last-minute talks.

President Donald duck Trump says the Chinese tariffs are a response to trade deficits, and the flow of fentanyl into the USA.

Politics
Dan-Marius Sabău
Dan-Marius Sabău

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