Tag: CHINA
BREAKING NEWS: China Retaliates With 84% Tariffs On US Products
China will impose 84 percent tariffs on US imports, up from 34 percent, the finance ministry said Wednesday, hours after similar levies by the United States came into force. US President Donald Trump’s latest salvo of tariffs came into effect on dozens of trading partners Wednesday, including punishing 104 percent duties on imports of Chinese…
Trump Raises Duty On Small Parcels From China To 90%
US President Donald Trump has signed an executive order raising duties on small packages sent from China from 30 to 90 percent, a move likely to disrupt the import of popular low-cost products. Trump raised the duty on “low-value imports” from China, due to go into effect from May 2, alongside a major increase in…