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Tue, February 4, 2025

Trump's first trade war begins as China tariffs come into effect and Beijing hits back: Live updates


Published on 2025-02-04 02:40:36 - MSN
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  • Trump's first trade war begins as China tariffs come into effect and Beijing hits back: Live updates - President Trump's 10% tariffs on Chinese goods come into effect from 12.01am Tuesday after measur

The article discusses the initiation of a new trade war between the United States and China, triggered by the implementation of new tariffs by the U.S. on Chinese imports. These tariffs, which came into effect recently, target a range of Chinese goods, prompting a swift retaliation from Beijing with its own set of tariffs on American products. This escalation marks former President Donald Trump's first trade war since leaving office, as his policies continue to influence current trade relations. The article provides live updates on the economic implications, reactions from both countries' governments, and the potential impact on global trade dynamics. It also covers statements from key political figures and economic analysts, detailing the ongoing developments and the broader context of U.S.-China economic relations.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/news/politics/trump-s-first-trade-war-begins-as-china-tariffs-come-into-effect-and-beijing-hits-back-live-updates/ar-AA1xtG1X ]
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