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China raises costs for US tourists after Trump tariffs: "104%"

  • U.S. Treasury Secretary Scott Bessent criticized China's retaliation, calling it a 'loser' tactic and highlighting the severity of economic challenges both countries face due to the trade war.
  • Both nations are engaged in an escalating trade war, risking significant disruption to global supply chains and economic stability, as noted by various analysts.
  • Trump indicated that he may add more tariffs on China but has also suggested a 90-day pause on new tariffs while inviting negotiations with over 75 countries.
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logistik-heute.de broke the news in on Wednesday, April 9, 2025.
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