In response to US tariffs announced on 2 April, China made some bold trade moves of its own, adding US companies to its Unreliable Entity List, raising their own tariffs on US products and, crucially, putting export controls on rare earth minerals that some US industries are dependent on.
In response to US tariffs, China’s final retaliatory increase, one of three, raised the tariffs on goods originating from the US to 125%. Going a step further, China added other, non-tariff measures to its resp...
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