Chinese counter-tariffs to kick in as Trump threatens more to come

[BumRushDaShow]

Source: NPR

February 10, 2025 3:28 AM ET


BEIJING — Retaliatory Chinese tariffs on a range of U.S. products are due to take effect on Monday, as trade friction between the two rivals heated up with no end in sight.

The tariffs from China range from 10% to 15% and are applied to crude oil, liquefied natural gas, farm machinery and select other products from the United States.

They were announced last week in response to the Trump administration's decision to hit China with a 10% across-the-board duty in a bid to pressure Beijing to do more to stop the flow of the deadly synthetic opioid fentanyl into America. China is a major source of the chemicals used by cartels in Mexico to make the drug.

Asked about the tariffs, Chinese Foreign Ministry spokesman Guo Jiakun told a daily news conference on Monday in Beijing there are no winners in a trade war or a tariff war.

Read more: https://www.npr.org/2025/02/10/nx-s1-5292017/china-tariffs-us-retaliation-trump

[Lovie777]

1. I've been reading that our stock market approves the tariffs......................

[mwooldri]

2. They look like smart tariffs to me.

China can get what it slapped tariffs on the United States from other countries easily. Or make their own.

Import/export taxes (tariffs) have their place. To have a blanket tariff to me like what DJT did doesn't make sense.

[IronLionZion]

3. Tariffs should help make inflation great again, right?

MAGAts are idiots. They claim inflation was their biggest election issue. One candidate consistently campaigned on increasing prices. And here we are.