Cambodia, Laos, and Myanmar were hit with tariffs of 49%, 48%, and 44% respectively.
China on Thursday urged the United States to immediately cancel its latest tariffs and vowed countermeasures to safeguard its own interests, after President Donald Trump declared sweeping levies on U.
Shares slid further in Europe and Asia and U.S. futures also fell Friday as investors counted the potential costs of U.S. President Donald Trump’s latest set of tariffs, even as China retaliated by announcing it will impose a 34% tariff on imports of all U.
US President Donald Trump’s deadline for a report on China has arrived, ahead of his ‘Liberation Day’ to free the US economy from what he sees as unfair practices.
Donald Trump criticized China’s tariff retaliation, calling it a panic move after Beijing imposed countermeasures in response to US trade pressure.
China has vowed to hit back after President Donald Trump announced major new tariffs on its exports to the United States as part of his radical overhaul of a century of American global trade policy.
The varying levels of US tariffs could see investors move away from the likes of Vietnam and Cambodia and turn to countries like Singapore and Philippines, economists told CNA.
1don MSN
WASHINGTON (AP) — The U.S. government has banned American government personnel in China, as well as family members and contractors with security clearances, from any romantic or sexual relationships with Chinese citizens, The Associated Press has learned.
World shares slid further and U.S. futures also fell Friday as investors counted the potential costs of U.S. President Donald Trump’s latest set of tariffs, even as China retaliated