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Over the recent days, financial markets again has been dominated by the ongoing trade war between U.S. and China. However, prolonged negotiations are just one of many unsolved problems in Beijing.
Donald Trump raises tariffs on Chinese products
On Sunday, May 5, President of the United States announced on his Twitter account tariffs increase on Chinese products worth 200 billion dollars from 10% to 25%. New duties have been implemented on Friday, May 10. Trump added in his tweet feed that 25% tarrifs on additional goods worth 325 billion dollars may be also imposed in