Trump's tariffs: China strikes back with levies of up to 15%
Tuesday, 4 February 2025 () China's Finance Ministry announced new tariffs of up to 15% on a range of US products in response to US measures against China.
China has announced plans to file a lawsuit at the World Trade Organization (WTO) in response to U.S. President Donald Trump's new tariffs on Chinese goods. The tariffs, which are set to take effect on February 4, will include a 25% tax on imports from Mexico and Canada, and a 10% tariff on Chinese...
China has announced tariffs ranging from 15% to 25% on US imports, including coal, LNG, and crude oil, in response to Donald Trump’s trade measures. The Chinese Ministry of Commerce condemned the US's unilateral tariff hike, calling it a violation of WTO rules. Meanwhile, China’s market regulators have launched an antitrust investigation into Google, adding further tension. As Trump's 10% tariff takes effect, Beijing warns of additional countermeasures, emphasizing that no one wins in a trade war. The standoff escalates global economic uncertainty amid diplomatic strains.
#China #Trump #TradeWar #Tariffs #USChinaRelations #EconomicTensions #Imports #Exports #WTO #GlobalTrade #DonaldTrump #XiJinping #USPolitics #ChinaEconomy #Sanctions #BusinessNews #BreakingNews #USImports #OilPrices #TradeConflict #Peripheral
Elon Musk, the tech billionaire behind Tesla and SpaceX, has made waves in Washington D.C. after assuming control over vast swaths of the U.S. government. Since President Donald Trump’s inauguration, Musk has upended the federal bureaucracy, with critics accusing him of orchestrating a “plutocratic coup.” His unprecedented actions include halting major federal programs, gaining access to sensitive information, and even controlling the U.S. payment system. Musk’s growing influence has sparked concerns of a constitutional crisis, with many questioning the implications for democracy and government accountability. Is this just another eccentric move from the world's richest man, or is there a more dangerous agenda at play?
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