US-China Tariffs on Hold, Final Call with Trump
Digital Desk
China and the US have decided not to impose additional tariffs on each other for now. The final decision on future tariff actions rests with former President Donald Trump, amid ongoing trade tensions.
China and America have agreed not to increase tariffs on each other for the time being. It has been agreed that as per the current system, America will impose a 30 percent tax on Chinese goods, while China will levy a 10 percent duty on American products. This agreement was reached after two days of talks in Stockholm. However, no major breakthrough was announced.
China and America have agreed not to increase tariffs on each other for the time being. It has been agreed that as per the current system, America will impose a 30 percent tax on Chinese goods, while China will levy a 10 percent duty on American products. This agreement was reached after two days of talks in Stockholm. However, no major breakthrough was announced.