🔥 USA and China – 55% tariffs
The USA imposes 55% import duties on Chinese products 🇺🇸🇨🇳
As part of a new trade agreement reached in London last week:
• Total US tariffs on Chinese goods have reached 55%, including a base 10% tariff, 20% due to fentanyl, and 25% of existing fees.
• In response, China has imposed 10% tariffs on American goods.
Experts note that despite the "reached deal", the impact on the supply chains of rare earth elements will remain uncertain.
❓ What do you think, will this hit consumers and supply chain areas? Should we expect price increases — or see new local manufacturing trends?
