China Retaliates: Slaps 84% Tariffs on US Goods Amid Escalating Trade War
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Apr 9, 2025
China has sharply escalated its trade war with the US, imposing retaliatory tariffs of 84% on American goods in response to President Trump's latest levies. This move, effective April 10th, follows a US tariff hike that pushed duties on Chinese imports above 100%. Global markets, including the S&P 500 and Kospi, are reeling as the trade tensions intensify.
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