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.
The Chinese mainland reported seven new imported Covid-19 cases on Tuesday, bringing the total number of imported cases to 1,949, the National Health Commission said on Wednesday.
Inner Mongolia Autonomous Region reported four imported cases, while Shanxi Province, Guangdong Province and Yunnan Province each saw one imported case, the commission said, Xinhua reported.
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Among all the imported cases, 1,877 had been discharged from hospitals after recovery, and 72 remained hospitalized, with no one in severe condition, the commission said.
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No deaths had been reported from the imported cases.
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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.
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It had the hallmarks of a reality TV cliffhanger. Until recently, many people had never even heard of tariffs.
