Reported about 14 hours ago
In just three months, U.S. and Chinese tariffs have skyrocketed due to retaliatory measures stemming from escalating tensions between the two countries. As officials prepare for talks in Switzerland, U.S. tariffs on Chinese imports have reached 145%, while China's retaliatory tariffs on U.S. goods stand at 125%. Despite President Trump's openness to negotiation, China demands the cancellation of tariffs prior to discussions, highlighting the ongoing economic strains on both nations.
Source: YAHOO