China hits back hard at ‘bullying’ Trump tariffs as global recession fears grow
by Heather Stewart and Amy Hawkins from on (#6WDG4)
Beijing imposes punitive 34% extra tariffs on all goods imported from US, exacerbating stock market sell-off
China has hit back hard against Donald Trump's bullying" tariffs, raising fears that the escalating trade war could trigger a global recession and prompting fresh turmoil in financial markets.
Beijing retaliated on Friday with punitive 34% additional tariffs on all goods imported from the US - mirroring the US decision and exacerbating a sell-off on global stock markets.
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