It wasn’t clear from the post whether the 10% tariff level was an additional levy to an earlier warning of 60% or represented a climbdown.
Donald Trump fired an opening shot in his tariff battle with Beijing by promising an additional 10% levy on Chinese goods. The question that now confronts President Xi Jinping is how much more is coming.
The threat by the US president-elect, made on his Truth Social network on Monday, was in retribution for what he said was China’s failure to stop “drugs pouring into our Country, mostly through Mexico”.
