WASHINGTON - American exporters and manufacturers are bracing themselves for more tariffs as the trade war between the United States and China is set to deepen, with Beijing expected to retaliate against the latest tariff hike on Chinese goods, from 10 per cent last September to 25 per cent.
The hike took effect at noon on Friday (May 10) Singapore time.
Already a subscriber? Log in
Dive deeper at $0.99/month
Want more exclusives, sharp insights into what's happening at home and abroad? Subscribe to stay informed.
ST One Digital Package - Monthly
$9.90 $0.99/month
No contract
$0.99/month for the first 3 months, $9.90/month thereafter. T&Cs apply.
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
2-week e-paper archive so you never miss out on any topic that matters to you
