Politics

China Markets Slump to 5-Year Lows the Day After Trump Suggests 60% Tariffs on Chinese Imports

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President Donald Trump joined Maria Bartiromo for an interview this weekend that aired yesterday on Sunday Morning Futures.

During the interview Trump suggested up to 60% tariffs on Chinese goods coming into America.

Trump | China Gets Hit with Massive Tariffs – But I Want to “Get Along”

Donald Trump will allegedly impose tariffs of 60%+ on Chinese products if he wins the 2024 election.

The former president said Beijing is taking advantage of the US but he didn’t want to ignite another… pic.twitter.com/dewVXsMtEz

— RT_India (@RT_India_news) February 5, 2024

On Monday the China markets sunk to 5-year lows.
That didn’t take long!

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