China responds with 125% tariff Saturday, as Bay Area businesses battle rising costs
China's increased its tariff on U.S. goods from 84% to 125% starting Saturday. The escalating trade war is a worry to Bay Area businesses that say they are already trying to absorb higher costs. UC Berkeley Haas Business school professor of economics Matilde Bombardini explains how the trade war could hurt China as well.
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China responds with 125% tariff Saturday, as Bay Area businesses battle rising costs
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