• 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

  • Joncash2@lemmy.ml
    link
    fedilink
    English
    arrow-up
    2
    ·
    1 day ago

    I mean China sells to both sides. They don’t really give aid in the traditional way. It’s just about money. But yeah, it’s pretty messed up just in a completely different way than what the west does.

    And I agree with your ideals, but sadly that’s definitely not happening in our lifetimes.