China Strikes Back: Imposes Tariffs on US Products in Response to Trump's Trade War
2025-02-04
U.S. News & World Report
In a swift retaliation to the US trade moves, China's finance ministry has announced a package of tariffs on a range of American products. This move comes after US President Donald Trump imposed a 10% tariff on Chinese imports, which took effect on Tuesday. The trade tensions between the two nations are escalating, with China's tariffs aiming to counter the US measures. The ongoing trade war is likely to impact global markets, with economists warning of potential economic fallout. Key terms: trade war, tariffs, US-China trade relations.
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