China, Trump and tariff
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China is retaliating in a determined and at times highly detailed manner to U.S. President Donald Trump’s new tariffs, led by a retaliatory 34% tax on all U.S. imports next week.
From Associated Press News
China is retaliating in a determined and at times highly detailed manner to U.S. President Donald Trump’s new tariffs, led by a retaliatory 34% tax on all U.S. imports next week.
From SFGate
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This is especially bad for US agricultural producers. They already had 10 or 15% tariffs on their produce entering China, in response to the last round of Trump tariffs. Now, if you add 34% on top of that, it is probably pricing most of them out.
China investors are bracing for a grim Monday as the nation’s markets return from an extended weekend and factor in its retaliation to US tariffs.
China will impose a 34% tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following U.S.
China placed export restrictions on rare earth elements on Friday as part of its sweeping response to U.S. President Donald Trump's tariffs, squeezing supply to the West of minerals used to make weapons,
The Trump administration imposed a 10% minimum tariff on all imports coming into the country and even higher tariffs on other top trading partners.
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Trump said he would be willing to lower tariffs if countries offer him something "phenomenal," like China with a TikTok deal.
China said on Saturday "the market has spoken" in rejecting U.S. President Donald Trump's tariffs, and called on Washington for "equal-footed consultation" after global markets plunged in reaction to the trade levies that drew Chinese retaliation.
China announced it will impose 34% tariffs on the U.S., just days after President Donald Trump unveiled the same amount against Beijing under his reciprocal tariff plan.
Stock markets in the Gulf fell sharply on Sunday as U.S. President Donald Trump's drastic trade tariffs and countermeasures from China stoked fears of a trade war and the prospect of a global recession.