Markets Fall As China Imposes Counter-Tariffs On The US
The US Stock Market has been steadily falling in the last 24 hours following the announcement that China will impose tariffs on 128 items imported from the US, as a direct response to Donald Trump’s tariffs on Steel & Aluminium imports into his nation.
The move will result in a $4billion hit to the US economy, and has some experts worried that a trade war will erupt between the two nations.
So how will Donald Trump respond? And what does this mean for Australia?
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