US EditionChina Raises Tariffs on US to 125% and Says It Won’t Go Higher
- China increased tariffs on U.S. goods from 84% to 125%, marking a significant escalation in the trade conflict between the two nations.
- China described the tariff increase as "economic bullying" and announced it will take countermeasures.
- Ngozi Okonjo-Iweala, head of the WTO, warned that the trade war "could severely damage the global economic outlook.
608 Articles
608 Articles
China - USA Trade War"China has a trillion-dollar surplus, which is crazy numbers," said DONALD TRUMP, the president of the United States. The Chinese leader considers US actions a threat to his country's sovereignty and seems determined to respond in the long term. Beijing refuses direct negotiations and rejects the theatrical gestures of the White House. Analysts say the Chinese president has accepted the challenge and is preparing a systemati…
The measure had been announced by the Committee on Tariffs of the Council of State, which justified it as a direct response to the latest rates approved by Washington
China promises that there will be no other relaunches. In the meantime, however, a lawsuit against the United States begins before the WTO. The trade war between the United States and China has now become an upward race. An 'eye for an eye, a tooth for a tooth' that is keeping stock exchanges around the world in apprehension...
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- 53% of the sources are Center
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