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Headlines

China's finance ministry announces tariffs to counter Trump trade moves

Published by Global Banking & Finance Review

Posted on February 4, 2025

1 min read

· Last updated: January 26, 2026

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China's finance ministry announces tariffs in response to US trade moves - Global Banking & Finance Review — This image depicts China's Finance Ministry's announcement of new tariffs on U.S. products in response to President Trump's trade actions, highlighting the ongoing trade tensions and economic implications.

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BEIJING (Reuters) - China's finance ministry on Tuesday announced a package of tariffs on a range of U.S. products in an immediate response to a 10% tariff on Chinese imports announced by U.S.

China's Finance Ministry Responds to US Tariffs with New Measures

BEIJING (Reuters) - China's finance ministry on Tuesday announced a package of tariffs on a range of U.S. products in an immediate response to a 10% tariff on Chinese imports announced by U.S. President Donald Trump that went into effect at 0501 GMT.

(Reporting by Beijing newsroom; Writing by Greg Torode; Editing by Christian Schmollinger)

Key Takeaways

China's finance ministry announced tariffs on US products.
The tariffs are a response to Trump's 10% tariff on Chinese imports.
The new tariffs took effect immediately at 0501 GMT.
This move escalates the ongoing US-China trade war.
The announcement was made by China's finance ministry in Beijing.

Frequently Asked Questions

What is the main topic?

The article discusses China's response to US tariffs by imposing its own tariffs on US products.

What action did China take?

China's finance ministry announced tariffs on a range of US products.

Why did China impose tariffs?

The tariffs were a response to a 10% tariff on Chinese imports announced by US President Donald Trump.

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