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China braces for economic shock as the US unleashes sweeping tariff hikes

Chia-Han Lee, Taipei; Elaine Chen, DIGITIMES Asia 0

Credit: AFP

The White House has unveiled a sweeping new round of punitive tariffs on imports from China, with rates reaching as high as 245%. While not all products will be subject to the highest rate, the majority face significant tariff hikes, signaling a sharp...

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