China imposes 34% reciprocal tariffs on imports of US goods
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China will be charged a 34% tariff, the chart said, the European Union will get a 20% levy, Vietnam will get 46%, Taiwan will get 32%, India will get 26% and Japan 24%.
From The Wall Street Journal
Beijing retaliated with additional duties of 34% on U.S. goods, amplifying investor concerns over an escalating global trade war that has stoked fears of a recession.
From Reuters
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China announced that it will impose reciprocal tariffs on all United States imports. Who pays these taxes? Will it affect you?
President Donald Trump, speaking at the White House, held up a chart showing proposed import taxes: 34 percent on China, 20 percent on the EU, among others.
Where does the money collected from tariffs go? How soon will prices rise for consumers? What tariffs are other countries charging on U.S. goods?
President Donald Trump said he'll be rolling out reciprocal tariffs. Here's what that means for the U.S. and its global trading partners.
US placing American interests above common good of international community and sacrificing legitimate interests of all countries in service of 'America's hegemonic ambitions,' says Foreign Ministry -
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President Donald Trump’s massive tariffs announced on dozens of nations Wednesday were pitched as “reciprocal,” matching what other countries charge the United States dollar for dollar, even taking into account non-tariff barriers like value-added taxes and other such measures.
Despite uncertainty around tariffs, the NRF gives a positive projection for retail growth in 2025 with expectations that inflation will remain at current levels.
1don MSN
Vietnam had a trade surplus of $123.5 billion with the U.S. last year, leading analysts to warn earlier this year that the country was most at risk. Hanoi had tried to win itself a reprieve by preemptively cutting import duties in the lead-up to April 2.