China imposes 34% reciprocal tariffs on imports of US goods in retaliation for Trump’s trade war.

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China imposes 34% reciprocal tariffs on imports of US goods in retaliation for Trump’s trade war.

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Mee to

World News@lemmy.worldEnglish • 1 month ago

cross-posted to:
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China imposes 34% reciprocal tariffs on imports of US goods in retaliation for Trump’s trade war | CNN Business

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China said Friday that it will impose reciprocal 34% tariffs on all imports from the United States from April 10, making good on a promise to strike back after US President Donald Trump escalated a global trade war.

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scratsearcher 🔍🔮📊🎲
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3•1 month ago
China has way more exports, so in the short term Trumps tariffs will hurt them more than whatever they counter it with anyways.

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