China, Trump and Tariff
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Beijing on Friday increased its tariffs on U.S. imports to 125%, hitting back against U.S. President Donald Trump's decision to hike duties on Chinese goods to 145%, raising the stakes in a trade war...
From USA TODAY
Beijing increased its tariffs on U.S. imports to 125% on Friday, hitting back against U.S. President Donald Trump's decision to hike duties on Chinese goods and raising the stakes in a trade war that ...
From Reuters
President Donald Trump on Thursday said he would return to the higher tariff rates announced last week if he can't reach a deal with trading partners during the 90-day pause he announced on Wednesday.
From ABC
Read more on News Digest
Beijing, which imports far fewer goods from the U.S. than it exports, is considering a range of nontariff measures amid growing trade tensions between the world’s two biggest economies.
China hiked tariffs on U.S. goods to 125% from 84% early Friday intensifying the trade war between the world’s two largest economies. Tesla halted new orders to China.
China on Friday said U.S. chip firms outsourcing manufacturing would be exempt from the country's tariffs on U.S. goods.