China's finance ministry has announced that it is placing an additional 84% tariff on all goods imported from the US.

US President Donald Trump placed a 104% tariff on all Chinese goods entering the US, starting from Wednesday.

China says that these new retaliatory charges will take effect from 12:01 CST (05:00 BST) on 10 April.

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Bloomberg Opinion columnist Karishma Vaswani says President Donald Trump's aggressive tariffs could drive Asian nations to strengthen cooperation with each other and consider drifting back toward China, eroding America's strategic edge in the Indo-Pacific. Her views are her own.
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The two largest economies in the world are now going head-to-head in a trade war that experts fear could trigger a global recession.

Donald Trump said he was raising tariffs for China to 125% - effective "immediately".

It came after Beijing announced it was levying an 84% tariff on all American imports, following Trump's original 104% levy on Chinese goods entering the US.

Sky's Asia correspondent Helen-Ann Smith looks at the impact the tariffs are beginning to have on Chinese traders and how the country's leaders will handle the crisis.

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PM Modi on denmark tour: तीन यूरोपीय देशों की यात्रा के दौरान पीएम मोदी का आज डेनमार्क दौरा भी जर्मनी की तरह व्यस्त रहने वाला है. पीएम मोदी डेनमार्क के पीएम से शिखर वार्ता करेंगे. व्यापार गोलमेज सम्मेलन में हिस्सा लेंगे. भारत-नॉर्डिक शिखर सम्मेलन में शामिल होंगे. भारतीय समुदाय को संबोधित करेंगे. डेनमार्क की महारानी ने पीएम मोदी के सम्मान में डिनर का आयोजन किया है.
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President Donald Trump said Monday he’s ready to slap new 50% tariffs on China following Beijing’s retaliatory duties announced last week, further escalating the global trade war that has rattled markets. He said the additional tariffs would take effect midweek if China doesn’t remove its 34% retaliatory tariff by Tuesday. #CNN #News

China is pushing back on President Donald Trump’ by hiking its levies on U.S. imports to more than 80%. That's up 50%. China’s Office of the Tariff Commission of the State Council says the new tariffs on U.S. goods will begin on April 10th.

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Donald Trump's "explosive" tariffs are now in effect, including 104% on China, the world's biggest exporter.

Also on the list are 60 of the "worst offending" countries - who will face tariffs ranging from 11% - 50%.

The additional tariffs on China kicked in after Beijing refused to meet Trump's deadline to withdraw its own retaliatory levies on the US.

Trump has said that the tariffs are vital for his economic vision, but experts warn a full scale trade war is a possibility.

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China does not want a trade war but will not fear it if the United States continues its tariff threats, the Chinese foreign ministry said.

#china #us #trade #war #tariffs #economy

#cricket #local cricket #domestic cricket






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