US-China trade war intensifies: Beijing raises tariffs on US goods to 84% after Trump’s 104% duty move

[ad_1] The US-China trade war deepened dramatically on Wednesday as Beijing announced a sweeping hike in tariffs on American goods, raising rates from 34% to 84%, just a day after President Donald Trump’s new 104% tariffs on Chinese imports came into force.Calling the US action a violation of trade norms and a threat to global […]

Canada slaps 25% retaliatory auto tariff on US after Donald Trump’s duty comes in effect

[ad_1] Canadian PM Mark Carney and Donald Trump (File Image) Canada hit back at the United States over Donald Trump’s 25 per cent auto tariffs and imposed retaliatory duty on the imported US vehicles. Canada slapped a 25 per cent tariff on vehicles imported from the US that are not compliant with the Canada-U.S.-Mexico Agreement […]