Bloomberg Television
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#Trump says #China has ripped us off for years #politics #shorts
Posted
April 10, 2025
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0:52Now PlayingPresident Donald Trump says China has ripped off the country for years, but he's still hopeful about reaching a new trade deal.
Trump is imposing a 125% charge designed to both counter America’s trade deficit with China and punish Beijing for retaliating against US import taxes. The number, published in a White House memo Thursday, comes in addition to a 20% levy put into place earlier this year over China’s role in fentanyl trafficking.
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