TMW News📰📢
TMW News📰📢
February 4, 2025 at 03:55 PM
1️⃣ *China says it will impose tariffs on imports of US energy, vehicles and equipment* , firing a return salvo in an escalating trade war between the world's two biggest economies. ⚠️ US President Donald Trump on Saturday announced that *goods from China would be hit with an additional 10 percent tariff* on top of existing duties. 🇺🇸 Minutes after the US tariffs came into effect, *Beijing unveiled levies of 15 percent on imports of coal and liquefied natural gas* from the United States, while crude oil, agricultural machinery and pickup trucks face 10 percent duties. 🇨🇳 Alongside its tariffs, *China also announced a probe into US tech giant Google* and unveiled fresh export controls on rare metals and chemicals including tungsten, tellurium, bismuth, and molybdenum. 🇲🇽 🇨🇦 *Mexico and Canada meanwhile both struck last-minute deals with the US* to tighten border measures, leading to a 30-day pause on threatened tariffs.

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