Daily Memo: Chinese Tariffs and Updates on Iran and Ukraine

Beijing has retaliated again with more duties on U.S. goods.

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Chinese response. China on Wednesday announced 50 percent tariffs on all U.S. imports in response to Washington’s imposition of 50 percent additional tariffs on Chinese goods. The move brings Beijing’s cumulative retaliatory duties on the U.S. to 84 percent, set to take effect on Thursday, while Washington’s total 104 percent tariffs will begin on Wednesday. […]

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