Tag Archives: US tariffs on China

Quick Take Summary is AI generated, newsroom reviewed. President Trump is considering lowering high tariffs on China, which have severely impacted trade between the two economies. Washington: US President Donald Trump has signalled he is open to lowering massive tariffs imposed on China, as he acknowledged that the current levies …

Beijing: China on Sunday called on the United States to “completely cancel” its reciprocal tariffs after Washington announced exemptions for consumer electronics and key chipmaking equipment. “We urge the US to… take a big step to correct its mistakes, completely cancel the wrong practice of ‘reciprocal tariffs’ and return to …

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 …

China’s finance ministry has announced to impose 84 per cent tariffs on all US goods starting Thursday, up from the 34 per cent announced previously. The ministry said these new charges will get into effect from 12:01 CST (04:00 BST) on 10th April. The move comes after US President Donald …

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 …