The two largest economies on the planet are actually going head-to-head in a commerce battle that specialists concern may set off a worldwide recession.
Donald Trump mentioned he was elevating tariffs for China to 125% – efficient "immediately".
It got here after Beijing introduced it was levying an 84% tariff on all American imports, following Trump’s original104% levy on Chinese items getting into the US.
Sky’s Asia correspondent Helen-Ann Smith appears to be like on the influence the tariffs are starting to have on Chinese merchants and the way the nation’s leaders will deal with the disaster.
Read extra: https://news.sky.com/story/tariffs-latest-trumps-worldwide-tariffs-come-into-effect-with-china-facing-104-levy-13209921
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