China Raises Tariffs on U.S. Goods to 84%

Post Views: 287 U.S.-China tariff escalation New Tariff Rates Set to Take Effect on April 10 China has raised tariffs on U.S. imports to 84%. This move escalates trade tensions between the two countries. The tariff increase is a response to recent actions by the United States. The new tariffs will take effect on April 10. The Commission on Customs Tariffs under China’s State Council confirmed this change.   Impact of the New Tariff Rates The tariffs will rise from 34% to 84% on U.S. imports. This increase will have widespread effects on trade. China’s statement said the U.S. t...