Shortly after suspending strict duties for 90 days and increased duties against China to 125%, US President Donald Trump appeared happy on social media, saying that other wonderful days would come. Specifically, Trump, in his post on Truth Social, said: “What day, but more wonderful days are coming !!!” It is noted that Trump had already imposed 125% duties on Chinese products from 104% in the beginning. The additional 84% retaliation customs duties that had announced that Beijing would be imposed on American imported products today came into force. This is a new episode of the trade war that Washington declared and is feeding more and more strong concerns about a global economic downturn. The new additional duties are applied to all US products imported into the Chinese market.
Source: News Beast
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