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Trump wrote that he had raised the tariff imposed on China to 125%, "effective immediately." Also under scrutiny was the selloff in U.S. Treasurys. The yield on the 10-year note, the reference ...
China hits back at the United States on Wednesday (April 9), with 84% tariffs on all American goods starting from Thursday, Beijing's finance ministry announced. It further stressed that they had ...
China will hike the additional tariffs on products imported from the United States to 84 per cent effective Thursday, state-run Xinhua news agency reported, quoting the Customs Tariff Commission ...
“I think that’s going to be a last resort for China.” Also Watch: What is the 'nuclear option' that many call Beijing's most underused weapon? He added that the next escalation, if it comes, could ...
BANGKOK (AP) — President Donald Trump raised the tariff on Chinese imports to 125% on Wednesday, hours after China boosted the duty on American goods to 84% in an escalating battle that ...
The Indian rupee declined to a three-week low on Wednesday, tracking the weakness in the Chinese yuan as sweeping U.S. tariffs came into ... dumping even their safest assets and the dollar. The ...
7:15 a.m. ET: China on Wednesday said it would raise tariffs to 84% on goods coming from the U.S. in an additional countermeasure, effective April 10. Last week, China said it would levy 34% ...
Some talk of finding ways to exacerbate the situation, perhaps by strengthening the yuan. This would be quite a gamble. By the time inflation had picked up in America, Chinese industry and supply ...
The EU was hit with a 20% reciprocal tariff, China at 34%, Japan at 24%, Vietnam at 46% and South Korea at 25%. These new rates come just days after Trump imposed a 10% universal tariff on all ...
"If China starts devaluing, then that is a tax on the rest of the world, and everyone will have to keep raising their tariffs to offset the devaluation," Bessent said, in an interview on the Fox ...
Treasury Secretary Scott Bessent played down a selloff in US Treasuries, saying that there was nothing systemic at play, and also served warning against China not to attempt to devalue its ...
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