China, Trump and tariff
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The latest measures follow an earlier 25% tariff on steel and aluminum, imposed last month, which will hit South Korea hard as the fourth-largest exporter of steel to the US.
From CNN
China announced Friday that it will raise tariffs on U.S. goods from 84% to 125% — the latest salvo in an escalating trade war between the world’s two largest economies that has rattled markets and r...
From Chicago Tribune
China's Ministry of Finance announced Friday that Beijing will increase tariffs on all U.S. goods from 84% to 125%, in response to the U.S. "imposition of abnormally high tariffs on China."
From ABC
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South Korea, trade and Donald Trump
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Cheong In-kyo, minister for trade, on his arrival from Washington, D.C. where he met U.S. Trade Representative Jamieson Greer earlier this week, told reporters that Greer showed a willing to reach dea...
From Reuters
President Donald Trump said Thursday he would revive the reciprocal tariffs that he paused for 90 days if countries do not agree to satisfactory trade deals.
From Yahoo
U.S. President Donald Trump's about-face on sweeping import tariffs did little to soothe companies' worries about the fallout from his trade war and its chaotic implementation: soaring costs, falling ...
From Reuters
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China, Japan and South Korea finance and central bank officials met and discussed the impact of U.S. tariffs on the global and regional macroeconomic situation, China's central bank said on Friday. The People's Bank of China Deputy Governor Xuan Changneng was at the regular ASEAN and China,
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essanews.com on MSNChina, Japan, and South Korea unite against new US tariffsChina, Japan, and South Korea will jointly respond to U.S. tariffs, reports Reuters, citing Chinese state media. The new United States tariffs are set to take effect on April 2. Comments from state media appeared after the three countries held their first economic dialogue in five years on Sunday,
President Donald Trump is set to impose an additional 84% in levies across all Chinese imports on Wednesday, White House Press Secretary Karoline Leavitt announced on Tuesday. That will mean all goods from the country are subject to a tariff of at least 104%.
China has remained defiant in the escalating trade war. Trump advisers say other countries are lining up to negotiate deals.