CHINA TARIFFS ON US TO TAKE EFFECT TOMORROW

From February 10, China will charge 15% border tax on US coal and liquefied gas products, and 10% tariff on American crude oil, agricultural machinery and large-engine cars.

Trump delayed tariffs on low-cost packages from China after packages piled up at US customs, and also backed off on Canada and Mexico tariffs but he continues to threaten more countries as US stocks tumble amid tariff and inflation fears.

Src: Forbes, Goldman Sachs, Market Watch, FT

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