Month: February 2025

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U.S. sets 10% Tariff on Chinese Goods, Delays Tariffs on Canada and Mexico

The 10% tariff on all Chinese imports into the U.S. took effect on February 4, covering broad categories of goods, including consumer items like electronics, clothing, and shoes. Trade groups, including the American Association of Port Authorities (AAPA), have warned that the tariffs will slow supply chains and raise costs for U.S. consumers. China responded

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