Washington: High drama on stock markets and tensions with China mixed with lighter fare for Donald Trump this week as he again dominated the news agenda for seven days. – Real pressure – Trump signed an executive order lifting water-pressure restrictions on showerheads, a move the White House said would …
Read More »Tag Archives: US-China tariff war
China Raises Tariffs On US Goods To 125% As Trade War Worsens
New Delhi: China on Friday said it would raise tariffs on US goods to 125 per cent from 84 per cent, hours after President Xi Jinping urged the European Union to join hands with Beijing in resisting “unilateral bullying”, referring to the massive tariffs imposed by President Donald Trump. The …
Read More »Trump’s Gamechanger – 125% Tariff On China, Levies On 75 Others “On Hold”
Washington: Donald Trump’s reciprocal tariffs, which was meant to impose levies against all those who tariff US goods, has taken a fresh turn. It has evolved into a slugfest between China and the United States, with Washington now imposing a massive 125 per cent tax on all Chinese goods. Announcing …
Read More »Explained: The US-China Tariff War Math As Trump And Xi Go ‘All-In’
Washington: The two largest economies in the world – the United States and China – are at war, with tariffs being used by either side as its weapon. While the US has increased reciprocal tariffs on all Chinese goods from 10 per cent on April 1, to 125 per cent …
Read More »Donald Trump Raises Tariffs On China To 104%, Effective Today: White House
Washington: Donald Trump has followed through on his threat of “additional 50 per cent tariffs” on China starting Wednesday. The White House announced that this will make America’s new tariff on China an unprecedented 104 per cent. President Trump had given China 24 hours to roll back or “withdraw” the …
Read More »Trump’s Extra 50% Tariff Threat To China, Unless It Complies In 24 Hours
Washington: Donald Trump has announced an additional 50 per cent tariff on China less than 48 hours after Beijing announced a tit-for-tat 34 per cent tariff on the United States, which Trump had declared two days earlier as part of his reciprocal tariff order. This now takes US’ tariff on …
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