China retaliates with additional tariffs of up to 15% on some U.S. goods from March 10

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China retaliates with additional tariffs of up to 15% on some U.S. goods from March 10

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China retaliates with additional tariffs of up to 15% on some U.S. goods from March 10

//business-finance.news-articles.net/content/202 .. of-up-to-15-on-some-u-s-goods-from-march-10.html

Published in Business and Finance on Tuesday, March 4th 2025 at 1:40 GMT by MSN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

China announced Tuesday it would impose additional tariffs of up to 15% on some U.S. goods from March 10 and restrict exports to 15 U.S. companies.

China has announced it will impose additional tariffs of up to 15% on certain U.S. goods starting March 10, 2023, in retaliation to the U.S. decision to increase tariffs on Chinese products. This move comes as part of an ongoing trade dispute between the two economic giants, escalating tensions further. The new tariffs will affect a range of U.S. products including rare-earth metals, chemicals, and agricultural goods like soybeans and corn. This action is seen as a direct response to the U.S. increasing tariffs on $18 billion worth of Chinese imports, which was aimed at addressing issues like intellectual property theft and forced technology transfers. The escalation could potentially disrupt global trade dynamics and affect industries and consumers in both countries.

Read the Full MSN Article at:
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