Markets Fall As China Imposes Counter-Tariffs On The US
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The US Stock Market has been steadily falling in the last 24 hours following the announcement that China will impose tariffs on 128 items imported from the US, as a direct response to Donald Trump’s tariffs on Steel & Aluminium imports into his nation.
The move will result in a $4billion hit to the US economy, and has some experts worried that a trade war will erupt between the two nations.
So how will Donald Trump respond? And what does this mean for Australia?
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