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China Raises Tariffs on US Goods to 84%

DeFi Daily News by DeFi Daily News
April 9, 2025
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China will impose an 84% tariff on all imports from the US starting April 10 in retaliation against new tariffs imposed by President Donald Trump.
The move came hours after the steepest American tariffs in a century went into force, taking Trump’s duties on Beijing this year to 104%. Leland Miller, CEO at China Beige Book, joins Bloomberg Intelligence to break down what this means for the future of world trade
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Tags: Alix SteelChinachina use tradeChinese yuanGoodsLeland MillerPaul SweeneyraisesReciprocal Tariffstariffstrade war
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