China's tit-for-tat tariffs on US take effect

Quick Summary:

Beijing's move comes after President Donald Trump imposed a 10% levy on goods imported from China.

Trump has repeatedly complained that EU tariffs on imports of American cars are much higher than US levies.

On Friday, he suspended tariffs on small packages from China, which, along with the additional 10% tariffs, came into effect on 4 February.

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Article Details

Category: Business

Markets: United KingdomBrazilCanadaChinaGermanyMexicoUkraine

Topics: China Goods Trade Tariffs Import Trump President Taxes Came Effect

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-10 @ 06:00:39 (2 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 835 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 26098857

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