financetom
Business
financetom
/
Business
/
China, Canada Announce Retaliatory Tariffs Against US
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
China, Canada Announce Retaliatory Tariffs Against US
Mar 4, 2025 3:42 AM

06:15 AM EST, 03/04/2025 (MT Newswires) -- China will impose additional tariffs of up to 15% on imports of key US farm products, effective March 10, media outlets reported Tuesday, citing China's Commerce Ministry.

Beijing reportedly also expanded controls on doing business with key US companies.

Canada is also implementing 25% tariffs on 30 billion Canadian dollars ($20.79 billion) worth of US imports starting Tuesday, with another round targeting CA$125 billion in goods scheduled in three weeks, news outlets reported.

US President Donald Trump recently ordered to increase tariffs on imports of Chinese products to 20%, effective Tuesday, along with 25% tariffs on imports from Mexico and Canada.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
DuPont Agrees to Acquire Donatelle Plastics
DuPont Agrees to Acquire Donatelle Plastics
Jun 25, 2024
09:33 AM EDT, 06/25/2024 (MT Newswires) -- DuPont de Nemours ( DD ) said Tuesday that it has agreed to acquire medical device maker Donatelle Plastics. Donatelle will be DuPont's ( DD ) second acquisition in the medical device market, after Spectrum in 2023, DuPont Electronics & Industrial President Jon Kemp said. Financial terms of the deal, which is expected...
German appeals court denies claims against physician giving COVID vaccine
German appeals court denies claims against physician giving COVID vaccine
Jun 25, 2024
FRANKFURT, June 25 (Reuters) - An appeals court in the German city of Stuttgart on Tuesday rejected damage claims against a physician who was accused of not warning of alleged harm from a COVID-19 vaccine she administered. The higher regional court in the city of Stuttgart said in a statement said the verdict was the first such ruling by a...
Berkshire Hathaway accelerates sales of China's BYD
Berkshire Hathaway accelerates sales of China's BYD
Jun 25, 2024
BEIJING/NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway ( BRK/A ) has accelerated its selling of shares in BYD, China's largest seller of electric vehicles. Berkshire reduced its stake in BYD's issued H-shares to 5.99% on June 19, according to a Tuesday filing with the Hong Kong stock exchange. The stake had been 7.02% as recently as June 11. Hong...
Akamai Completes Acquisition of Noname Security
Akamai Completes Acquisition of Noname Security
Jun 25, 2024
09:30 AM EDT, 06/25/2024 (MT Newswires) -- Akamai Technologies ( AKAM ) said Tuesday it has completed its acquisition of application programming interface, or API, security vendor Noname Security. The acquisition, announced in May, was valued at approximately $450 million. Price: 88.76, Change: +0.02, Percent Change: +0.02 ...
Copyright 2023-2025 - www.financetom.com All Rights Reserved