Mistake For China To Retaliate: US

The White House on Tuesday (local time) announced the imposition of a 104 percent tariff on China starting Wednesday, marking a significant escalation amid the tariff tension which have shaken the markets.

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During a press briefing, White House Press Secretary Karoline Leavitt emphasized that it was a "mistake" for China to retaliate against the U.S., asserting that when America is challenged, the response is forceful and unyielding.

"It was a mistake for China to retaliate. When America is punched, He punches back harder. That's why there will be 104 percent tariffs going into effect on China tonight. If China reaches out to make a deal, he will be incredibly gracious," Leavitt declared.

Leavitt stated that the new tariffs come as part of an ongoing effort by the Trump administration to address what it deems unfair trade practices that have led to job losses and economic strain on American workers.

She sharply criticized China's trade policies, accusing the nation of exacerbating economic issues for American workers.