Trump's new 50% tariff threat on China
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China said Tuesday it would "fight to the end" and take countermeasures against the United States to safeguard its own interests after President Trump threatened an additional 50% tariff on Chinese i...
From CBS News
China said on Tuesday it will not back down in the face of President Trump's fresh threat to impose an additional 50% tariff on Chinese imports, as the trade war between the world's top two economies...
From NPR
If Trump implements his new tariffs on Chinese products, U.S. tariffs on Chinese goods would reach a combined 104%.
From ABC
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Citi cut China's GDP growth forecast to 4.2% from 4.7% for 2025, citing rising external risks. Citi said in a note that high tariffs could drag China's growth further by at least 1.5 percentage points on an annualised basis,
China is one of the largest export markets for U.S. agricultural products, and soybeans alone were nearly half of the total in 2024.
A budding trade war between China and the U.S. threatens to bring the cost of homebuilding materials further up.
China and Hong Kong stocks rose on Tuesday, steadying in the wake of stronger regional markets and government-led support after a brutal selloff triggered by concerns over trade tariffs.
The new report commissioned by the U.S. Chamber of Commerce Foundation also indicated that many American firms identify China as a source of geopolitical risk.
China has tightened control over the global rare earth supply by introducing new export restrictions that could disrupt industries dependent on these materials. The latest measures,
China's state planner said on Tuesday it held a meeting with private domestic companies, including Trina Solar , ride-hailing company Didi and Goertek , to hear suggestions about how to deal with additional U.
A staggering $1.9 trillion in extra industrial lending is fueling a continued flood of exports that could be spread even wider across the world by the Trump tariffs.
US President Donald Trump has raised the stakes in his economic confrontation with China, threatening to push tariffs to 104% unless Beijing withdraws its latest trade measures. The move comes as China ramps up defence spending and tightens oversight of military finances amid long-term modernisation plans.