China, United States and tariffs
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On Friday, China retaliated by imposing reciprocal 34% tariffs on all imports from the United States.
From El Paso Times
Shares in Ma’s Hong Kong-listed garment maker Shenzhou International, which has customers like Nike and Adidas, surged as much as 12.5% in trading Thursday morning.
From Forbes
Beijing, which has said its charges would take effect from Thursday, urged other countries to unite against Trump's tariffs as the country's exporters reel from the crippling new levies.
From BBC
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Commerce Secretary Howard Lutnick said President Trump "wasn't kidding," and his reciprocal tariffs will take effect later this week.
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