April 13, 2025
Sydney 29

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

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 stability, […]