China’s tariff response
In the context of China’s broader challenges, this all makes sense. Its economy is struggling. Its leaders want to avoid US tariffs. These responses make Beijing look tough to its domestic audience and give it some leverage in potential negotiations, while not overreaching. From Tianlei Huang at the Peterson Institute:
China retaliates after Trump administration imposes new tariffs
China retaliated against newly imposed U.S. tariffs on Chinese goods. China announced 15 percent tariffs on American coal and liquefied natural gas and 10 percent on crude oil. The Trump administration said its tariffs were aimed at punishing China for the flow of fentanyl into the U.
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China says it will counter President Trump's tariffs on Chinese products with tariffs of its own on multiple U.S. imports. It ...
U.S. President Donald Trump this week shut a trade loophole that has been used to ship low-value packages duty-free from ...
After a 10 percent tariff on Chinese products took effect on Tuesday, China announced retaliatory measures, including tariffs ...
BBC on MSN18h
Trump's 10% tariff on China begins as Beijing plans retaliation on US energy and some carsChina's tariffs - due to begin next Monday - would also apply to US oil and farm machinery, but more talks are due this week.
The world’s two largest economies did not cut a deal to avert sweeping U.S. tariffs, which came into effect after midnight.
Beijing hit back with its own tariffs and export restrictions after being subjected to levies by President Trump. Trade ...
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Asian shares were mostly lower Wednesday as markets mulled the impact of tariffs being imposed by the United States and China ...
The U.S. Postal Service’s decision may block or delay parcels from retailers including Shein and Temu from entering the ...
President Donald Trump's 10 percent tariffs are set to increase prices on goods like electronics, clothing, toys, and auto ...
China announced retaliatory tariffs on select American imports and an antitrust investigation into Google on Tuesday, just ...
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