China has warned of retaliation against U.S. President announcement on imposing a fresh 10% tariff on another $300bn of Chinese goods. Tariffs are a tax on imports.They are typically charged as a percentage of the transaction price that a buyer pays to a foreign seller. The US had already applied tariffs of 25% on $250bn… Continue reading China threatens to retaliate against Trump tariffs
Tag: CHINA-US
China must prepare for difficult times, says Xi
Chinese President has said that China should be prepared for difficult times as the international situation is getting complex due to bitter trade war between China and the US. The two countries are engaged in a retaliatory tariff measures on each other’s imports after the talks had collapsed to resolve their trade disputes. The trade… Continue reading China must prepare for difficult times, says Xi
China hits back,imposes tariff hike on U.S. goods worth $60 bn
China has decided to impose tariffs on $60bn of US goods extending a bilateral trade war.This move comes after the US had more than doubled the tariffs on $200bn of Chinese imports. The United States and China were discussing a trade deal to end the trade war.However,the latest round of US-Chinese trade negotiations has ended… Continue reading China hits back,imposes tariff hike on U.S. goods worth $60 bn
