China’s 84% tariffs against US products comes into force amid market relief at Donald Trump’s move to pause steep reciprocal tariffs around the worldTrump tariffs – live updatesDonald Trump’s trade war with China entered a new phase on Thursday, as Beijing’s 84% retaliatory tariffs came into effect hours after the US president announced a pause of steep reciprocal tariffs on dozens of countries except China.Markets rebounded after Trump’s announcement of the sudden pause, after the most volatile episode in financial markets since the pandemic. Continue reading…
Source link : https://www.theguardian.com/world/2025/apr/10/us-china-trade-war-intensifies-as-beijings-tariffs-come-into-effect-after-trump-pause
Author : Helen Davidson in Taipei
Publish date : 2025-04-10 05:38:00
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US-China trade war intensifies as Beijing’s tariffs come into effect after Trump pause
