Immediately after a new 10% tariff on all Chinese goods shipped to the US went into effect on Tuesday at 12:01 a.m. ET, China responded by announcing a 15% tariff on some goods it imports from the US: certain types of coal and liquefied natural gas and a 10% tariff on crude oil, agricultural machinery, large-displacement cars and pickup trucks. Those tariffs are set to take effect on Monday.
søndag 9. februar 2025
How bad is the trade war with China going to get?
The first punches have been thrown between the United States and China in what could amount to a short-lived trade dispute with limited economic fallout or the start of yet another lengthy and painful trade war reminiscent of President Donald Trump’s first term.
Immediately after a new 10% tariff on all Chinese goods shipped to the US went into effect on Tuesday at 12:01 a.m. ET, China responded by announcing a 15% tariff on some goods it imports from the US: certain types of coal and liquefied natural gas and a 10% tariff on crude oil, agricultural machinery, large-displacement cars and pickup trucks. Those tariffs are set to take effect on Monday.
Immediately after a new 10% tariff on all Chinese goods shipped to the US went into effect on Tuesday at 12:01 a.m. ET, China responded by announcing a 15% tariff on some goods it imports from the US: certain types of coal and liquefied natural gas and a 10% tariff on crude oil, agricultural machinery, large-displacement cars and pickup trucks. Those tariffs are set to take effect on Monday.
