China will impose 125% tariffs on U.S. goods from Saturday, up from the 84% previously announced, the finance ministry said on Friday.
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China to increase tariffs on US goods to 125% up from 84%, finance ministry says
China Raises Tariffs on U.S. Imports to 125%
Beijing’s retaliation came after the White House had raised its tariff on Chinese goods to 125 percent, on top of an existing 20 percent tax.
Why China’s Rare Earth Curbs Could Devastate US Defense Industry
China first responded on April 3 to Trump’s initial salvo of 54 percent levies on its exports by placing export restrictions on rare earth elements, which are key for the fighter aircraft that will form…
How Trump’s tariffs could fuel China’s AI push and become a soft-power nightmare for American tech
President Trump’s tariffs could inadvertently deliver a “massive gift” to China by allowing it to catch up in the AI race and court new partners globally, Adam Thierer, a senior fellow at center-right think tank…
China’s March exports likely got front-loading lift before Trump’s new tariffs took effect
China’s exports likely picked up pace in March, as factories rushed out shipments ahead of U.S. President Donald Trump’s sweeping tariffs this month, though the broadening trade war with the United …
Exclusive: Shein gains UK approval for London IPO, awaits China nod, sources say
Online fast-fashion retailer Shein has secured approval from Britain’s Financial Conduct Authority (FCA) for its planned initial public offering in London, according to two sources with knowledge of …
China’s Xi to visit Southeast Asia as trade conflict with US widens
BEIJING (Reuters) -Chinese President Xi Jinping will embark on a three-nation Southeast Asia tour next week in his first overseas trip this year to consolidate ties with some of China’s closest neighbours as trade tensions…
China unlikely to aggressively devalue yuan to offset impact of U.S. tariffs, economists say
Among the 11 analysts polled by CNBC, the majority do not see the currency weakening significantly, but rather a gradual depreciation engineered by the PBoC.
China’s Financial Weapons: U.S. Treasurys, the Yuan
The escalating trade conflict between the U.S. and China has reignited fears that Beijing could use financial markets to hit back at Washington. **China is one of the largest overseas owner …
How China’s exporters are scrambling to mitigate the impact of punishing U.S. tariffs
For China’s exporters, trying to mitigate new U.S. tariffs means raising prices for Americans while diversifying where possible, at home and abroad.
Gold hits record high as Trump tariffs trigger US-China trade war fears
9 April: Custom tariffs on roughly 60 countries – dubbed the worst offenders – come into effect. Trump then announces a 90-day pause for all countries, except China, with a universal 10% tariff across the…
Spain’s prime minister visits China to strengthen ties with Trump’s top tariff target
Spain’s Prime Minister Pedro Sánchez is visiting China on Friday, his third trip to the country in two years as his government seeks to boost investment from the Asian giant amid global economic uncertainty caused…
China’s Xi to visit Southeast Asia as trade conflict with U.S. widens
BEIJING (Reuters) -Chinese President Xi Jinping will embark on a three-nation Southeast Asia tour next week in his first overseas trip this year to consolidate ties with some of China’s closest neighbours as trade tensions…
