Beijing's measures come in the wake of duties imposed by U.S. President Donald Trump's administration earlier this week.
  • China’s finance ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10.
  • The ministry criticized Washington’s decision to impose 34% of additional reciprocal levies on China — bringing total U.S. tariffs against the country to 54% — as “inconsistent with international trade rules.”
  • U.S. stock futures and European markets fell sharply on news of the reciprocal tariffs.

https://archive.ph/ZmcZJ

  • UnderpantsWeevil@lemmy.worldEnglish
    78·
    1 day ago

    Look at Cuba. Now look at the US. Now look at Cuba again.

    Okay, now image Cuba but without the public health care, housing, jobs programs, and mass transit.

    • Valmond@lemmy.worldEnglish
      12·
      13 hours ago

      In your exampke Cuba is the rest of the world, not a small backwater embargoed country.

      • nodiratime@lemmy.worldEnglish
        9·
        10 hours ago

        No, The US takes Cuba’s place, just as in their example.

        The US in the past pressured the world to embargo Cuba, now the US is forcing the hand of the rest of the world to work without it. Different causes, similar-lish effects.