23 Hrs
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الاقتصادية
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China: US sets 20% limit on tariffs
The article focused on the United States' commitment to set a maximum tariff ceiling of 20% on Chinese goods, according to the bilateral trade talks between the two countries. China revealed that Washington made this commitment, indicating that current tariffs stand at 12.5%, leaving the U.S. with a margin to increase tariffs by up to 7.5 percentage points before reaching the maximum limit. This comes in the context of the Trump administration's efforts to rebuild trade protections after imposing new duties, replacing previous tariffs of 10% that ended in July. China continues its retaliatory measures in response to earlier U.S. tariffs, with potential escalation if Washington persists with its actions, while both countries look to activate dialogue to resolve their trade disputes.
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