China's Retaliatory 84 Percent Tariffs on US Imports Come Into Effect
4/10/2025 7:29:00 AM
Tariffs of 84% on all Chinese imports of American goods took effect on Thursday, deepening a trade war between Beijing and Washington which has rocked global markets and sparked fears of a recession.
The levies will apply to all US products entering the world's second-largest economy, which according to the office of the US Trade Representative, totalled $143.5 billion in 2024
The levies will apply to all US products entering the world's second-largest economy, which according to the office of the US Trade Representative, totalled $143.5 billion in 2024