February 4, 2025
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7:16Now PlayingDonald Trump's tariff threats blow up in his face as pause deals with Mexico and Canada reveal he made less ground then he claimed he would and China responds with brutal retaliatory tariffs. John Iadarola and Adrienne Lawrence break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
China unveils US tariffs and Google investigation in response to Trump levies
"Donald Trump has fired the opening salvo of his trade war, imposing tariffs on China on Tuesday that sparked instant retaliation from Beijing, amid fears for the global economic repercussions.
Moments after US tariffs of 10% came into effect, China swiftly announced an anti-trust investigation into Google. China’s finance ministry also announced 15% tariffs on coal and liquefied natural gas, and 10% on crude oil, farm equipment, large-displacement vehicles and pickup trucks from the US."
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