Tariff: China says it supports Brazil in resistance to ‘intimidation’ tariff and the protection of its rights | Economy

by Marcelo Moreira

Unlike most governments, who sewed agreements with Washington, Beijing retaliated, increasing taxes on US products. Trump and Chinese President Xi Jinping then began a “battle” of retaliation, with mutual increases in tariffs that reached 145% for Chinese products entering the US and 125% for US-imported US goods.

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