China punches back as world weighs how to deal with higher US tariffs

China punches back as world weighs how to deal with higher US tariffs

8 months ago
Anonymous $Ih1HCpClO1

https://www.siliconvalley.com/2025/04/04/china-punches-back-as-world-weighs-how-to-deal-with-higher-us-tariffs/

BANGKOK (AP) — Countries and industries were scrambling Friday to respond as President Donald Trump’s latest tariffs hikes upend global trade and world markets.

China took the toughest approach so far, responding to the 34% tariff imposed by the U.S. on imports from China by matching it with a 34% tariff on imports of all U.S. products beginning April 10.