After the US government confirmed the tariff increase from 10 per cent to 25 per cent by filing a notice with the Federal Register, the official portal for public policy updates, Beijing said it “will have no choice but to implement countermeasures”. Photo: AFP

US firms fear retaliation to Donald Trump’s tariffs will be ‘final nail in the coffin’ for exports to China

  • US Dairy Council fears for the future of its access to the huge consumer market with Beijing expected to respond to the anticipated new 25 per cent rate on Friday
  • Exporters of blueberry, whiskey and wine also say that Beijing’s retaliation would put a dampener on their business, which is already reeling from previous tariffs
Topic |   US-China trade war

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After the US government confirmed the tariff increase from 10 per cent to 25 per cent by filing a notice with the Federal Register, the official portal for public policy updates, Beijing said it “will have no choice but to implement countermeasures”. Photo: AFP
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Chinese Vice Premier Liu He (right) is still set to visit Washington this week for further trade talks with US Treasury Secretary Steven Mnuchin (centre) and US trade representative Robert Lighthizer. Photo: AFP

Donald Trump’s 25 per cent tariffs may be the difference between life and death for some US companies

  • US president sent shock waves through global markets when he announced the 10 per cent levy on US$200 billion of Chinese goods would increase to 25 per cent
  • Trade representative Robert Lighthizer set to kick in tariffs on Friday after the US accused China of reneging on some of its commitments during recent talks
Topic |   US-China trade war

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Chinese Vice Premier Liu He (right) is still set to visit Washington this week for further trade talks with US Treasury Secretary Steven Mnuchin (centre) and US trade representative Robert Lighthizer. Photo: AFP
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