Trade war hits foreign companies in China with double tariffs
submitted by https://lemmy.sdf.org/u/52fighters
Foreign manufacturers in China are paying duties of 125 per cent to import components and then 145 per cent to export to the US…“They are hit twice.”
https://www.ft.com/content/04c41f8b-d745-4cb5-a06f-c7e3022bd385