Business / Economics

China imposes retaliatory tariffs on $14bn worth of US goods

today10 February, 2025

Background

China has imposed retaliatory tariffs on the US, hitting about $14bn worth of goods and dashing hopes that a trade war between the world’s two largest economies could be avoided. Beijing announced the tariffs last week in response to a US decision to impose an additional 10 per cent levy on Chinese products. Laura Westbrook has more.

 

Written by: Leonard Witbeen

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