China Retaliates Against Trump's Tariffs With 34% Duties On U.S. Goods
1. China will impose a 34% import duty on all U.S. goods. 2. U.S. tariffs are viewed as unilateral bullying by China. 3. China announced a lawsuit against U.S. tariffs at WTO. 4. S&P 500 futures dropped nearly 3% following the news. 5. Overall trade tensions could impact global economic stability.