“Urge US To Correct Its Mistakes”: China On Reciprocal Tariffs

Beijing: China on Sunday called on the United States to “completely cancel” its reciprocal tariffs after Washington announced exemptions for consumer electronics and key chipmaking equipment. “We urge the US to… take a big step to correct its mistakes, completely cancel the wrong practice of ‘reciprocal tariffs’ and return to the right path of mutual … Read more

Trump’s Latest Tariff Hike Brings Additional China Rate To 145%: White House

Washington: US President Donald Trump’s steep tariff hike targeting Chinese goods, which took effect Thursday, brings Washington’s additional rate on many products to 145 percent, the White House confirms. Trump’s 90-day halt in fresh duties for dozens of countries has come into place, a White House order showed. But he has also doubled down by … Read more

China Refuses To Step Back, Says Trump’s 125% Tariffs “Against Whole World”

Beijing: China is refusing to back down against the United States’ aggression even as US President Donald Trump increases levies on Chinese imports to a punishing 125 per cent. Beijing on Thursday warned that American tariffs go “against the whole world” and asked Washington to meet it “halfway” in a mounting trade war between the … Read more

The US-China Tariff War Math As Trump And Xi Go ‘All-In’

The two largest economies in the world – the United States and China – are at war, with tariffs being used by either side as its weapon. While the US has increased reciprocal tariffs on all Chinese goods from 10 per cent on April 1, to 104 per cent today; China has retaliated by upping … Read more

China Raises Tariffs On US Goods To 84% After Trump’s 104% Move

China’s finance ministry has announced to impose 84 per cent tariffs on all US goods starting Thursday, up from the 34 per cent announced previously. The ministry said these new charges will get into effect from 12:01 CST (04:00 BST) on 10th April. The move comes after US President Donald Trump imposed 104 per cent … Read more

Trump Raises Tariffs On China To 104%, Effective Tomorrow: White House

Washington: Donald Trump has followed through on his threat of “additional 50 per cent tariffs” on China starting Wednesday. The White House announced that this will make America’s new tariff on China an unprecedented 104 per cent. President Trump had given China 24 hours to roll back or “withdraw” the retaliatory 34 per cent tariff … Read more