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China Appoints New Trade Negotiator Amid Tariff Fight With The USA
April 17, 2025
|The Statesman Kolkata
China's government said Li Chenggang replaces Wang Shouwen, who negotiated the countries' 2020 trade deal
China appointed a new trade negotiator Wednesday in the midst of its tariff fight with the United States as the world's two largest economies steadily increase tariffs on each other's goods.
China's government said Li Chenggang replaces Wang Shouwen, who participated in negotiations for the countries' 2020 trade deal.
China faces 145 per cent taxes on exports to the USA, while the Trump administration gave dozens of other countries a 90-day reprieve for most duties. Beijing has hit back at the USA with 125 per cent tariffs on American exports, while stressing its determination to keep its own markets open to trade and investment.
هذه القصة من طبعة April 17, 2025 من The Statesman Kolkata.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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