China mocks Trump trade war, raises tariffs

China mocks Trump trade war, raises tariffs

It’s Friday! Everyone wave to members of Congress as they leave town for recess! 👋 And now, we exhale.

In today's edition:

  • China hikes tariffs, mocks U.S.
  • Trump’s annual physical
  • Apple reportedly airlifts 600 tons of iPhones from India
  • Another Senate Democrat to call it quits?

China called Trump’s tariffs a ‘joke’:

President Trump’s trade war with China escalated yet again this morning. Beijing announced it will match the U.S.’s 125 percent tariff.

Keep in mind: Trump’s 125 percent China tariff is on top of the standing 20 percent tariffs, coming out to 145 percent.

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