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China Urges US To Completely Cancel Reciprocal Tariffs
The Morning Standard
|April 14, 2025
CHINA on Sunday called on the United States to "completely cancel" its reciprocal tariffs after Washington announced exemptions for consumer electronics and key chipmaking equipment.
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"We urge the US to... take a big step to correct its mistakes, completely cancel the wrong practice of 'reciprocal tariffs' and return to the right path of mutual respect," a commerce ministry spokesperson said in a statement.
The world's two largest economies have been engaged in a tit-for-tat tariff war since US President Donald Trump announced this month sweeping global tariffs -- since escalating the blanket duty on Chinese goods to 145 percent. Retaliatory Chinese import tariffs of 125 percent on US goods took effect Saturday, with Beijing standing defiant against its biggest trade partner.
Diese Geschichte stammt aus der April 14, 2025-Ausgabe von The Morning Standard.
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