China Retaliates As President Trump Raises Chinese Imports To 125%
US President Donald Trump has announced a 90-day pause on higher tariffs for about 60 US trading partners, but the trade war with China has escalated. Trump further increased tariffs on Chinese goods to 125%, citing China’s “lack of respect” after Beijing retaliated with 84% tariffs on US imports. China has slapped retaliatory tariffs of […]
President Trump says US will impose additional 10% tariff on China
Donald Trump said he planned to hit goods from China with a new 10% tariff. Imports from China already face taxes at the border of at least 10%, after a Trump tariff order that went into effect earlier this month. Trump also said yesterday he intended to move forward with threatened 25% tariffs on imports […]