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idiot in chief

The Biz

US President Donald Trump took to Twitter on Thursday afternoon threatening to impose a new 10% tariff on an estimated US$300bn worth of goods imported into the US from China.

Slated to come into effect on September 1, the President’s latest tariff – over and above an existing 25% levy on $250bn of imports – would essentially tax all Chinese products imported into the United States. Read on.