China Further Increases Tariffs On U.S Amid Global Trade War
In a significant escalation of a globally ongoing trade war, China announced on Friday that it will raise tariffs on U.S. imports to 125%, effective Saturday. This move mirrors the latest U.S. tariff increase to 145% on Chinese goods, worsening the economic standoff between the world’s two largest economies. Other tariffs imposed by US President Donald Trump last week, which he called “Liberation Day”, were … Continue reading China Further Increases Tariffs On U.S Amid Global Trade War
