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As the president offers a severe warning to Trump, China imposes very high retaliation tariffs on US goods.

President Xi Jinping has strongly warned Donald Trump by raising retaliatory taxes on US imports by an extraordinary amount.

With President Donald Trump imposing a 104 percent tax on Chinese imports that went into effect on Wednesday, April 9,

And Jinping retaliating with an extra 84 percent tariff rise, the trade war between the US and China has been more intense in recent days.

In the most recent economic blow to be delivered on the global scene, that 84 percent has now risen to 125 percent, and there is no indication that the standoff between the two countries will end.

On the same day that he delayed duties for 90 days for the majority of countries, including an island home solely to penguins and seals,

 

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