China hits US with 84% retaliatory tariffs after Trumps sweeping levies go into effect

China retaliated against President Trump’s sweeping tariffs Wednesday by hiking its levies on US imports to a staggering 84%.Beijing announced it would raise its previously announced 34% tariff to match Trump’s levy.The move, which will go into effect Thursday, came just hours after Trump’s whopping 104% levy on China went into effect.This is a developing story.Please check back for updates....

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Publisher: New York Post

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