China hits back on tariffs as some goods begin to see price hikes

Trump makes major China tariffs concession as US-UK trade deal ‘days away’: Live

President insists policy ‘doing really well’ despite China hiking tariffs on American goods to 125 per cent

By Elisabeth Buchwald, CNN Toys made in China have been exempt from tariffs since President Donald Trump's first term. This is no longer the case. Last month, Trump raised tariffs on China to 20%, dealing a significant blow to the toy industry. But he didn't stop there. Just weeks later, Trump was poised to add an additional 34% "reciprocal" tariff. Then he added another tariff, and another, and another. Now, goods from China are being hit with …

American firm dodges China’s tariff hikes, selling off millions in inventory

Jeff Bowman had a sense that the tariffs would escalate, so ‘we just emptied out the warehouse’.

China hits back on tariffs as some goods begin to see price hikes

The back-and-forth U.S.-China tariffs escalation shows no sign of slowing down.The U.S. has now imposed tariffs of 145% on goods from China.Beijing countered by raising tariffs on American imports to 125%."This is two very large countries going at each other. And if it doesn't stop very quickly, then I don't think it's going to stop really at all," said economist Sasha Tomic.Consumers are already starting to see the impacts.Take Chinese tech com…