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Bloomberg Quint

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Image Credit: Bloomberg Quint

Trade War: China Raises Tariffs On US Goods To 84%

  • China retaliates against the US by raising tariffs on American goods to 84%.
  • The move comes in response to the US imposing cumulative tariffs of up to 104% on China.
  • In addition to increased tariffs, China adds six US firms to its unreliable list and 12 US entities to an export control list.
  • China asserts that it will take resolute and forceful measures to protect its sovereignty, security, and development interests.

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