Trump trade war: China plans retaliation, others get in line

Trump trade war: China plans retaliation, others get in line
The United States imposed a 104% tariff on imports from China, marking the sharpest escalation yet in President Trump’s global trade offensive. US Stocks fell on the news, reversing earlier gains as hopes of tariff rollbacks faded. China, hit hardest by the new duties, has called the move economic blackmail and vowed to ‘fight to the end.