And so it has come to pass: the US has hiked tariffs on $200bn-worth of imported goods from China – and China has vowed to retaliate.
Tariffs have now gone up from 10% to 25% on a wide range of goods, set to impact the perishables, chemicals, construction, industrial, electronics, transport and FMCG industries and, for the first time, a wide range of textiles, among other things.
While today was always the deadline, negotiations between …
The post US business fury at ‘catastrophic’ higher...
https://theloadstar.com/us-business-fury-at-catastrophic-higher-trade-tariffs-on-chinese-imports/