NewsChina retaliates with tariffs, but Canada and Mexico enjoy a reprieve

February 4, 2025by 0

Donald Trump’s use of tariffs for leverage and ‘deal-making’ was made clear yesterday when US tariffs set to be imposed on Canada and Mexico today were postponed, following security pledges from the two countries. 
China and Hong Kong, however, were not spared – and retaliated with a broad package of measures after an additional 10% was added to tariffs for Chinese imports. The de minimis exemption has also been suspended, which …

The post China retaliates with tariffs, but Canada and Mexico enjoy a reprieve appeared first on The Loadstar.

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