Trump sets China 104 percent fee

Trump sets China 104 percent fee

White House Media Secretary Caroline Leavet has spoken about Donald Trump's threat to impose an additional 50% fee on China, which would take the total tax facing Beijing to 104%. Confirming an important escalation between the world's two largest superpowers, [...]

White House Media Secretary Caroline Leavet has spoken about Donald Trump's threat to impose an additional 50% fee on China, which would take the total tax facing Beijing to 104%.

Confirming a significant escalation between the world's two largest superpowers, Leawitt said: “will enter into force at 12:01 a.m. So effectively tomorrow”, reports CNN.

Leavitt has also been asked whether Trump would consider making a deal with Xi Jinping, the Chinese president.

“Trump believes China wants to make a deal with the US. China must make an agreement with the US”, she added.

It was a mistake for China to retaliate. When America is punched, it hits harder”, Leavitt told the end. /Periscope.

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