China Retaliates with Tariffs and Trade Restrictions
China imposed a 34% retaliatory tariff on all US goods that will go into effect on April 10. Nations everywhere are beginning to impose their own penalties on US goods. [...]
Yesterday, Saudi Arabia announced that 2015 would produce a budget deficit amounting to $135 billion (367 billion riyals). A royal decree, effective on Tuesday, will increase petrol prices by 50%. This will only bring gasoline to 33 cents (0.90 riyals) … Continue reading