US threatens China with 245% tariff
Government
The warning comes amid an escalating trade war between Washington and Beijing Chinese imports to the US could face tariffs as high as 245%, according to a White House fact sheet released on Tuesday. The warning comes amid a growing trade rift between the world’s two largest economies. The administration of US President Donald Trump has cited Beijing’s retaliation to previous levies as the reason for the latest potential hike. “China now faces up to a 245% tariff on imports to the United States
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