China Slaps 34% Tariff on U.S. Imports
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Global stocks have sunk, a day after President Donald Trump announced sweeping new tariffs that are forecast to raise prices and weigh on growth in the US and abroad.
From BBC
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...
From Reuters
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China's President Xi Jinping and European Union leaders are set to visit Vietnam in the next few weeks in a swirl of diplomatic activity amid growing risks from U.S. trade tariffs, officials said.
For Europe, doubling down on its relationship with China could come at a steep price—including the loss of its storied auto industry.
China announced that it will impose reciprocal tariffs on all United States imports. Who pays these taxes? Will it affect you?
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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Canada and other countries also readied retaliation after President Trump raised U.S. tariff barriers to their highest level in more than a century.
President Trump on Friday chastised China after Beijing responded to major U.S. tariffs with equal duties of its own on U.S. goods. “China played it wrong, they panicked – the one
China will extend its anti-dumping investigation into European Union brandy by three months, its commerce ministry said on Wednesday, giving EU exporters, mainly French cognac suppliers, more time to try to avert painful Chinese penalties.
Few details of the announcement were known prior, creating anxiety among the business community and global leaders.
WASHINGTON (Reuters) - U.S. President Donald Trump was poised to impose sweeping new reciprocal tariffs on global trading partners on Wednesday, upending decades of rules-based trade, threatening cost increases and likely drawing retaliation from all sides.