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Donald Trump paused tariffs on various trading partners but raised Chinese levies to 125%, citing China's lack of respect for global markets. US President Donald Trump on Wednesday announced a 90 ...
WASHINGTON - US President Donald Trump abruptly paused tariffs on most countries, sparking euphoria on global markets on April 10, but upped the ante on a brutal trade war with superpower rival China.
Amid a global market meltdown, US President Donald Trump announced a further tariff hike on imports from China – to 125 per cent – on Wednesday, while placing a 90-day pause on punitive levies ...
"Based on the lack of respect that China has shown to the World's Markets, I am hereby raising the Tariff charged to China by the United States of America to 125 percent, effective immediately.
At the same time, Trump revealed he is raising tariffs on Chinese goods to 125 per cent, ratcheting up his tit-for-tat with Beijing. Beijing had earlier in the day raised the tariffs on a wide range ...
In his statement, Trump said a baseline 10% tariff would apply to all nations, excluding Beijing, which will face a 125% levy. Posting on the Truth Social platform, Trump attributed the pause to the ...
President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days, but raised the tax rate on Chinese imports to 125%.(REUTERS) US President Donald Trump on ...
Trump said he would raise the tariff on Chinese imports to 125 per cent. US treasury secretary Scott Bessent said "this was his strategy all along". World leaders and markets around the world have ...
At the same time, the president said he's increasing the tariff rate on goods imported from China to 125%. "Based on the lack of respect that China has shown to the World's Markets, I am hereby ...
BANGKOK (AP) — President Donald Trump raised the tariff on Chinese imports to 125% on Wednesday, hours after China boosted the duty on American goods to 84% in an escalating battle that ...
But by Wednesday afternoon, President Trump escalated things further, raising tariffs on Chinese goods to 125%, effective immediately. On Truth Social, Trump said China has shown a lack of respect ...
Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately.