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China Hikes Tariffs on US Goods to 84 Percent

China raised tariffs on US imports from 34% to 84% starting April 10, escalating tensions in an ongoing trade dispute. Beijing also imposed export controls on 12 US firms and added six more to its “unreliable entities list.” The…

China Hits Back at US Tariffs

China has imposed a 34% customs duty on all US goods in response to the same rate announced by US President Donald Trump. The move includes trade restrictions on rare earth exports critical to tech and defense industries and the…

Trump Announces New Trade Policy with High Tariffs

US President Donald Trump unveiled a new economic doctrine, imposing a 25% tariff on foreign-made automobiles and additional tariffs on various countries, including China (34%), the EU (20%), and Japan (24%). Calling past trade policies…

Trump Announces 25 Percent Tariff on Imported Cars

US President Donald Trump signed a decree that foresees a 25 percent tariff on imported cars in order to increase domestic production at a signing ceremony at the White House. Reiterating his claim that other countries have benefited…

Syrian Pound Strengthens After Regime Collapse

The Syrian Pound has gained value against the US dollar following the fall of the Assad regime, easing economic conditions in the country. With the foreign exchange ban lifted, money changers in Damascus are openly trading dollars…

China Hits Back with Tariffs and Google Probe

China announced retaliatory tariffs on U.S. imports and launched an antitrust investigation into Google following Washington’s decision to impose additional duties on Chinese goods. Starting February 10, Beijing will…

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