Tariff war: China hikes duties on US imports to 125%
Trade tensions are soaring between Washington and Beijing, with China raising tariffs on American products to 125 per cent, two days after a hike to 84 per cent. The change is set to take effect from Apr 12, threatening further instability. Olivia Siong and Nick Harper report.
Trade tensions are soaring between Washington and Beijing, with China raising tariffs on American products to 125 per cent, two days after a hike to 84 per cent. The change is set to take effect from Apr 12, threatening further instability. Olivia Siong and Nick Harper report.