U.S. President Donald Trump has accused China of reneging on a major aircraft purchase agreement with Boeing, intensifying an already heated trade standoff between the world’s two largest economies. According to Trump, Chinese authorities recently directed domestic airlines to halt new deliveries from the American aerospace giant—a move seen by many as a direct retaliation […]
In a major escalation of trade tensions, the United States on Tuesday imposed 104 percent tariffs on imports from China, a significant step beyond the initially announced 34 percent increase. The hike, part of a broader reciprocal tariff strategy, reflects Washington’s response to Beijing’s refusal to withdraw its countermeasures against American goods. Initially, the US […]
China has retaliated against the United States by imposing fresh tariffs on American products after US President Donald Trump’s latest levies on Chinese goods came into effect on Tuesday. The Chinese Ministry of Finance announced that starting March 10, Beijing will implement additional tariffs ranging between 10% and 15% on a range of US imports, […]