US EditionChina to raise tariffs on US goods from 34% to 84% in response to Trump tariffs
- The trade war escalated on Wednesday as China imposed retaliatory tariffs on US goods.
- President Trump's initial tariffs on various trading partners prompted this escalation.
- Beijing increased levies to 84%, responding to Trump's duties that included 104% on some Chinese goods.
- Trump stated, "This is a GREAT time to move your COMPANY into the United States of America," urging swift action.
- Global markets reacted negatively with stock market declines, raising recession fears amid the ongoing trade tensions.
522 Articles
522 Articles
China raises tariffs on US goods to 84% as trade rift worsens
China retaliated against new tariffs imposed by President Donald Trump by announcing it would raise duties on U.S. goods, roiling markets and deepening a trade war between the world’s largest economies. The Chinese government will impose an 84% tariff on all imports from the U.S. starting April 10, the Finance Ministry said in a statement Wednesday. China’s move came hours after America’s steepest tariff in a century went into force, taking Trum…
US President Donald Trump's administration officials have tried to persuade Chinese officials not to impose retaliatory tariffs against the US. But it was unsuccessful. This was reported by RBC-Ukraine with reference to CNN. According to the newspaper's sources, during private talks a few hours before China announced new retaliatory tariffs against the US, the Trump administration warned Chinese officials against such a step. Chinese officials w…
President Trump Has China Dangling Over a Massive Tariff Cliff
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