Trump raises the tax rate on Chinese imports to 125pc

Radio National Breakfast — Separate stories podcast - A podcast by ABC listen

US President Donald Trump has abruptly backed down on his tariffs on most nations for 90 days, but has raised the tax rate on Chinese imports to 125 per cent. A baseline tariff of 10 per cent will apply to more than 70 countries.   GUEST: Einar Tangen, political analyst and a Senior Fellow at the Taihe Institute PRODUCER: Anne Barker