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

Business and Finance Business and Finance

Tue, March 4, 2025

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Here's what tariffs are and how they work

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China vows to take countermeasures against US over Trump's tariffs

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Trump's long-threatened tariffs against Canada and Mexico are now in effect

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

^{Published on 2025-03-04 01:40:56 - MSN}

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:
[ https://www.msn.com/en-us/money/other/china-retaliates-with-additional-tariffs-of-up-to-15-on-some-u-s-goods-from-march-10/ar-AA1AbsyX ]

N@N

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