Beijing: China has swiftly retaliated against fresh US tariffs announced by President Donald Trump, and announced 10 to 15 per cent hikes to import levies covering a range of American agricultural and food products. The move places twenty-five US firms under export and investment restrictions. The move came as America doubled duties on Chinese goods … Read more
Washington, DC: As US President Donald Trump’s tariff hike for Mexico, Canada, and China kicks in on Tuesday, Ottawa and Beijing are already ready with countermeasures aimed at safeguarding their rights and interests. Canada will slap tariffs on US imports beginning Tuesday in response to levies pledged by America, Prime Minister Justin Trudeau said on … Read more
Washington: The United States and China have officially kicked off a trade dispute that could either be a short-lived skirmish or a prolonged and painful trade war. The conflict began when the US imposed a 10% tariff on all Chinese goods, prompting China to retaliate with tariffs ranging from 10% to 15% on certain US … Read more