the podcast on
The chances of a full blown trade war between the US and China is looking more and more likely.
China will be hit with an additional 50 percent tariff from tomorrow, taking their total to 104 percent.
US correspondent Dan Mitchinson says the Nasdaq has taken another hit - and Chinese trade officials have made it clear they plan to 'fight this out'.
LISTEN ABOVE
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- ‘Liberation Day’ - Trump announces 10% tariff on NZ goods, China and EU hit even harder
- 'Devastating impact': Trump's new tariffs on imported cars spark trade tensions
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