China Raises Tariffs on U.S. Imports
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The Wall Street Journal |
China has raised tariffs on U.S. goods to 125% from 84% as the trade war between the world’s two largest economies escalates.
Yahoo |
China announced countermeasures on Friday, raising tariffs on U.S. goods from 84% to 125% starting Saturday.
BBC |
Any tariff upwards of 35% will wipe out all the profits that Chinese businesses make when exporting to the US or South East Asia, said Dan Wang from the Eurasia Group consultancy.
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