China is matching Trump tariff for tariff. It has other ways it can strike back, too.
HONG KONG — The increasingly vicious trade war between Washington and Beijing took another turn Wednesday when China imposed an additional 50% tariff on imports from the U.S., hiking its levies on American imports to 84%. The tit-for-tat escalation came hours after President Donald Trump’s 104% tariffs on Chinese imports went into effect, including 50% … Read more