“Urge us to correct our mistakes”: China on mutual tariff

Beijing: China on Sunday called for the United States to “completely cancel” its mutual tariffs after the United States announces a discount for consumer electronics and major chipmaking devices. “We urge the US … Take a big step to correct our mistakes, completely cancel the wrong practice of ‘mutual tariff’ and return to the right … Read more

Trump’s tariff gamenger pinned China at 125%, separated Beijing comfortably

Washington: Donald Trump’s mutual tariff, which was to apply the levy against all of them, which tariffs American goods, has taken a new twist. It has developed as a slugfest between China and the United States, with Washington now decorated 125 percent tax on all Chinese goods. At the same time, tariffs are held on … Read more

Explained: US-China tariff war Mathematics as Trump and Xi ‘All-in’

The world’s two largest economies – the United States and China – are in war, are being used as a weapon from both sides with tariffs. While the US has increased the mutual tariff on all Chinese goods from 10 percent on April 1, today it has increased to 104 percent; China has retaliated by … Read more