economic war

Where Things Stand in The US-China Trade War

China has hit back against US President Donald Trump's "liberation day" tariffs, slapping 34 percent levies on all imports of American goods. AFP looks at how an escalating trade war between the United States and China is playing out—and what impact it might have. Why is China so vulnerable to tariffs? Trade between the world's two largest ...

China Says to Slap Extra 34% Tariffs on US Imports

China said on Friday it would slap 34 percent tariffs on all imports of US goods from April 10 after Washington imposed steep new levies on Chinese products. "For all imported goods originating from the US, an additional tariff of 34 percent on top of the current applicable tariff rate will be imposed," Beijing's finance ministry said. Beijing's ...

Trump or Biden, the US Economic War on China Will Continue

In a shift from tit-for-tat tariffs and strong-arm tactics to tech restrictions and investment curbs, US policy towards China has become more targeted under President Joe Biden -- though still hardliner. Despite differences between Democrats and Republicans, analysts expect Washington's approach to Beijing will only become tougher, whether Biden ...