China retaliates with new US tariffs
China will raise tariff rates on $60bn worth of US goods to as high as 25% starting June 1, the country’s Ministry of Finance announced on Monday. The move follows the US decision to raise duty rates on $200bn of Chinese goods to 25% from 10% as US President Donald Trump demands the two countries trade on a level playing field when it comes to tariffs
The duties largely target the US agricultural industry, with US chicken, wheat, sugar and peanuts becoming more costly for buyers in China
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792
Request a Demo Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.
Register for our free email digests: