Trump says China panicked; markets slide deeper
US President Donald Trump on Friday said China had “panicked” by retaliating to his reciprocal tariff with a matching levy of 34 per cent on all imported goods from America.
China’s Wu Dajing set a new world record as he won the men’s 500m short track speed skating at the Pyeongchang Winter Olympics today.
The silver medallist from Sochi 2014 set the fastest ever time in his quarter-final, and bettered that clocking 39.584sec in the final.
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South Korea’s Hwang Daeheon finished second, with his compatriot Lim Hyojun taking bronze.
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China slaps additional 34 pc tariffs on all US imports starting April 10
Triggering a full-blown trade war, China will impose additional 34 per cent tariffs on all products imported from the United States starting from April 10, the Customs Tariff Commission of the State Council announced on Friday.
World should brace for more uncertainty
It had the hallmarks of a reality TV cliffhanger. Until recently, many people had never even heard of tariffs.
