These days, Trump is continuously imposing tariffs on China, due to which China’s economy is slowing down. Due to trade tensions between America and China, China’s economy has seen the lowest growth in the last one year in July-September. America has announced to impose 100% tariff on China which will be effective from November 1. Trump has also threatened Chinese President Xi Jinping to impose 155% tariff. Trump and Jinping are going to meet and Trump hopes that a great deal will be made. However, Trump has warned that if a deal is not made, a 155% tariff could be imposed.
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Trump screamed…China got a stern warning from 155% tariff, will the fight increase?