Beijing's measures come in the wake of duties imposed by U.S. President Donald Trump's administration earlier this week.
  • China’s finance ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10.
  • The ministry criticized Washington’s decision to impose 34% of additional reciprocal levies on China — bringing total U.S. tariffs against the country to 54% — as “inconsistent with international trade rules.”
  • U.S. stock futures and European markets fell sharply on news of the reciprocal tariffs.

https://archive.ph/ZmcZJ

  • chaosCruiser 🚫@futurology.todayEnglish
    16·
    1 day ago

    Now that USA will spiral down to deep depression, it’s going to be much easier to get the people behind whatever plan comes next.

    So, how about you build a new empire, invade neighboring countries, commit war crimes left and right, and start exterminating people who don’t fit your arbitrary criteria. Germany tried that and it everything worked out perfectly.

    Oh, wait…

    Well anyway. I’m out of ideas.

    • nodiratime@lemmy.worldEnglish
      1·
      4 hours ago

      But the deep depression wasn’t entered “willingly”. Better justification for righteous anger back then.