Beijing's measures come in the wake of duties imposed by U.S. President Donald Trump's administration earlier this week.
  • China’s finance ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10.
  • The ministry criticized Washington’s decision to impose 34% of additional reciprocal levies on China — bringing total U.S. tariffs against the country to 54% — as “inconsistent with international trade rules.”
  • U.S. stock futures and European markets fell sharply on news of the reciprocal tariffs.

https://archive.ph/ZmcZJ

  • jumjummy@lemmy.worldEnglish
    26·
    19 days ago

    Not a chance. China’s massive xenophobic approach to anyone non-Han Chinese will severely limit their potential.

    Point out all the racism in various Western countries, and it pales in comparison to what goes on in China.