U.S. Escalates Chinese Tariffs

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Trump administration tariffs

Newsweek

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China Tariffs: US Deals Trade Blow to World's No. 2 Economy

Summary

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82% Informative

U.S. 's steep tariff hikes on Chinese goods took effect on Friday after Beijing criticized the move as mutually destructive protectionism.

China -made solar cells, semiconductors, and medical supplies such as masks and surgical gloves are now subject to 50 percent tariffs, up from 25 percent .

Duties on Chinese electric vehicles have been quadrupled from 25% to 100% .

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formal

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English

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