Crypto prices plunge as Trump hits China with 100pc tariffs

Tariffs have come down significantly since then as tensions have eased. In May, after a series of trade talks, Mr Trump reduced levies on Chinese goods to 30pc. Analysts had been hoping for progress on a trade deal with the two leaders scheduled to meet in South Korea at the end of the month.The US imposed tariffs as high as 145pc on Chinese goods earlier this year in the wake of Mr Trump’s “Liberation Day” tariffs. Beijing responded in kind with levies on US imports of 125pc, sending global markets into a ...