Trump Triggers Trade War, Furious Xi Jinping Hits Back, China Slaps Tariffs On US Goods
Edited By WION Video Desk
Published: Feb 04, 2025, 11:05 IST | Updated: Feb 04, 2025, 11:05 IST
US pauses tariffs on Canada, Mexico for 30 days as markets dip, keeps pressure on China. Trump says Chinese tariffs are a response to trade deficits, and flow of fentanyl into US. However, within minutes of them taking effect, China slaps US with counter-tariffs. In rapid response, China will impose levies of 15% for US coal, LNG and 10% for crude oil. Watch this report for more details!
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