Beijing's measures come in the wake of duties imposed by U.S. President Donald Trump's administration earlier this week.
  • China’s finance ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10.
  • The ministry criticized Washington’s decision to impose 34% of additional reciprocal levies on China — bringing total U.S. tariffs against the country to 54% — as “inconsistent with international trade rules.”
  • U.S. stock futures and European markets fell sharply on news of the reciprocal tariffs.

https://archive.ph/ZmcZJ

  • Grandwolf319@sh.itjust.worksEnglish
    101·
    1 day ago

    Serious question.

    They didn’t put this on Canada right? So shouldn’t prices in Canada stay relatively low?

    Wouldn’t China want to buy more from Canada and vice versa?

    Surely corporates won’t price gouge this time

    /s