09 Apr 2025 | 14:11
China retaliates with 84% tariffs in latest trade war escalation
(Sharecast News) - China on Wednesday announced new tariffs of 84% on the US in the latest trade war tit-for-tat retaliation between the world's two biggest economy.
The Chinese ministry of finance said the tariffs on US goods would start from Thursday, up from the 34% previously announced.
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Reporting by Frank Prenesti for Sharecast.com
