JUST IN: China imposes 15% retaliatory tariffs on select US goods.
Posted: Mar 04, 2025
- China imposes additional tariffs of 10% to 15% on U.S. products, effective March 10, 2025
- Response to Trump's announcement of 10% tariff on Chinese goods
- Concerns over China's fentanyl role in U.S.
- Impact on stocks like $AAPL $NVDA
- China will impose additional tariffs of 10%-15% on certain U.S. imports starting March 10
- The tariffs will affect various products from the U.S.
- This decision was announced by the Chinese finance ministry
- Companies affected by this could see changes in their stock prices, such as $AAPL or $NVDA
What do people on Reddit think?
🚨 Reddit sentiment: mixed/negative - The comments express significant concern and skepticism about the effects of the tariffs and broader economic policies, with numerous negative sentiments about the political drivers behind these changes. Although there are mixed views on the future outcomes, the prevailing sentiment appears negative regarding immediate impacts. Summarized comments: - China's retaliatory tariffs include 15% on US chicken, wheat, corn, and cotton, plus a 10% tariff on sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables, and dairy - Some users express cynicism about the tariffs and trade wars, mentioning potential negative economic impacts - Sentiment about the impact of trade wars relates to broader concerns about economic policy and market responses - Comments reflect mixed feelings with some views on potential long-term gains from short-term sacrifices, but also skepticism about current political decisions impacting the market
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