this post was submitted on 16 Apr 2025
49 points (98.0% liked)

Progressive Politics

3139 readers
260 users here now

Welcome to Progressive Politics! A place for news updates and political discussion from a left perspective. Conservatives and centrists are welcome just try and keep it civil :)

(Sidebar still a work in progress post recommendations if you have them such as reading lists)

founded 2 years ago
MODERATORS
TokenBoomer@lemmy.world
49
China Now Faces 245% Trump Tariff (www.newsweek.com)
submitted 4 months ago by IndustryStandard@lemmy.world to c/progressivepolitics@lemmy.world
6 comments fedilink hide all child comments
 

The White House said China is now facing up to a 245 percent tariff on imports to the U.S. "as a result of its retaliatory actions," another escalation in a trade war between the world's two largest economies.

The top potential tariff is higher than the previously stated 145 percent and was referenced in a fact sheet published by the White House late on Tuesday.

It accompanied an executive order signed by President Donald Trump that launched an investigation into the "national security risks posed by U.S. reliance on imported processed critical minerals and their derivative products."

you are viewing a single comment's thread
view the rest of the comments
[–] qyron@sopuli.xyz 2 points 4 months ago

The notion that an entire system, predicated on contrarian powers keeping each other in check, is failling one time after another to rear one of its branches to over step its authority is mind boggling.