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After the deadline is missed:Trump puts a 104% tax on China.
After Beijing missed a deadline on Tuesday to remove its retaliatory tariffs, the Trump administration announced a high 104% duty on Chinese goods, further escalating its trade war with China.This action comes after President Donald Trump said China is keen to “make a deal badly.”During a news briefing on Tuesday, White House news Secretary Karoline Leavitt confirmed the new tariffs, adding that they will go into force at midnight on April 9. Trump believes China made a strategic mistake by ...