China retaliates with 84% tariffs on US goods as Trump trade war rattles markets.
China has pushed back once again to U.S. President Donald Trump’s tariff policies by hiking its levies on U.S. imports to more than 80%.
China has pushed back once again to U.S. President Donald Trump’s tariff policies by hiking its levies on U.S. imports to more than 80%.
A White House official has confirmed that the US will enforce a 104 per cent tariff on China beginning at 12:01 am ET (0401 GMT) on Wednesday (April 8), according to a report by Reuters.
U.S. stock indexes are poised for a positive start, with Dow Jones Industrial Average futures rising 2%, S&P 500 futures gaining 1.5%, and Nasdaq futures 1.3% higher
China threatened Tuesday to take countermeasures against the United States “to safeguard its own rights and interests” in response to President Donald Trump’s threat of an additional 50% tariff on Chinese imports.
President Trump on Monday said the U.S. will apply an additional 50% tariff on imports from China
The vast majority of iPhones are assembled in China, but the tech giant uses parts from all over the world to make the finished product
Tariffs are primarily sales taxes, mainly beneficial to the targeted country rather than the imposing country.
China’s finance ministry said the additional tariffs would be imposed from April 10.
These tariffs, rolling out between April 5 and 9, 2025, aren’t just numbers—they’re a wake-up call for Ghana and the continent.
China has vowed to hit back after President Donald Trump announced major new tariffs on its exports to the United States