Trump Threatens 50% Tariff on China

Подробнее о видео

Trade tensions are boiling over once again as U.S. President Donald Trump issues a stern ultimatum to China: withdraw its 34% retaliatory tariffs on American goods or face an additional 50% tariff from the United States. If enforced, U.S. companies could be slammed with up to 104% taxes on certain Chinese imports, sending shockwaves through global markets.

The impact is already being felt: major U.S. indices are sliding, and Europe’s top stock exchanges, including London’s FTSE 100, have closed over 4% down. To defuse the crisis, the European Union has offered "zero-for-zero" tariffs on select goods, hoping to stabilise global trade relations and protect vulnerable economies.

SUBSCRIBE to our YouTube channel: for more videos

Follow News Central on:
Facebook:
Twitter:
Instagram:
LinkedIn:
Threads:
TikTok:
For more content, go to:

#NewsCentral #Nigeria #Politics #AfricaFirst #Africa #News #WestAfrica #ECOWAS #Government #Governance