Balanced Reporting. Trusted Insights. Friday, March 01, 2024

Items Tagged with 'retaliation'


President Donald Trump

Trump announces US tariff hike in latest trade war escalation

Decision comes after Chinese tariff increase Friday morning
The U.S.-China trade war escalated again for the second time Friday after President Donald Trump declared the U.S. would increase rates for existing tariffs on $250 billion of Chinese goods as well as boost tariffs on $300 billion worth of imports that haven’t yet been levied.
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Great Wall

China threatens higher tariffs on $60 billion in US exports

China today promised to strike back once again over a planned escalation of U.S. import taxes. The Chinese Finance Ministry announced it will increase tariffs on an additional $60 billion worth of U.S. products if the U.S. follows through with a plan to add tariffs to $200 billion of Chinese goods by September.
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