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China claps back with its own tariffs on US imports in retaliation against Trump

By Business Insider   |   3 weeks ago
China claps back with its own tariffs on US imports in retaliation against Trump

Since taking office, Trump imposed 54% tariffs on China. In response, China announced a 34% tariff on US imports starting April 10. Both countries are engaged in a trade dispute that violates WTO rules, leading to potential escalation in tensions.

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