China has responded to the US’s ‘retaliatory’ tariff. This time, they have also announced a 125 percent tariff on US products.
This decision will take effect from tomorrow, Saturday.
Last Wednesday, they announced an 84 percent tariff on US products. Immediately after this, the US increased the tariff to 125 percent.
The government’s dependence on treasury bills and bonds has increased sharply as lower-than-expected revenue collection and rising...
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