insert_link Business / Economics China imposes retaliatory tariffs on $14bn worth of US goods 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. today10 February, 2025