February 10, 2025 13:27 GMT
MNI POLITICAL RISK ANALYSIS - Week Ahead 10-16 February
China Put Levies On US, Trump Announces 'Reciprocal' Tariffs; Trump 'Peace Plan' For Ukraine Could Come At MSC
(MNI) London – All timings are subject to change.
Monday 10 February:
- China-US: Following US President Donald Trump’s imposition of 10% tariffs on almost all Chinese products entering the US, Beijing has responded with its own measures as of 10 February. A 15% levy on imports of US coal and LNG, and a 10% tariff on US oil, agricultural machinery and large-engine cars have come into force. With both the US and China having now imposed some form of trade levy on the other, focus will be on whether there is an escalation into an all-out trade war or if this now sets up Washington and Beijing for negotiations.
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