Economics
Trump Says He’s Raising Tariffs on China After Its Retaliation
- Tariffs on $250 billion already in effect will rise to 30%
- Remaining $300 billion will be taxed at 15% instead of 10%
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President Donald Trump said he’s raising tariffs further on Chinese imports in response to Beijing’s retaliation earlier in the day, deepening the impasse over the two nations’ trade policies.