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

  • Valmond@lemmy.worldEnglish
    12·
    14 hours ago

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

    • nodiratime@lemmy.worldEnglish
      11·
      11 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.