China has implemented countermeasures in response to Washington's new 10-percent tariff on Chinese goods. According to Professor John Gong from the University of International Business and Economics in Beijing, these tariffs imposed by the Trump administration will ultimately lead to higher costs for American consumers. The imposition of these tariffs is expected to disrupt the trade balance between the two nations, affecting various sectors of the U.S. economy.
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Trump's tariffs will ultimately raise costs for American consumers
cgtn.com
