UK hits back at claims US tariff deal bad for China

Quick Summary:

The UK government said there was "no such thing as a veto on Chinese investment" in its tariff deal with the US.

The result is that additional US tariffs on Chinese imports - that's the extra tariffs imposed in this recent stand-off - will fall from 145% to 30%, while recently-hiked Chinese tariffs on some US imports will fall from 125% to 10%.

Under the UK-US deal Trump's blanket 10% tariffs on imports from countries around the world still applies to most UK goods entering the US.

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Article Details

Category: Business

Markets: United KingdomChinaIndiaQatarSaudi ArabiaUnited States

Topics: Chinese Countries Government China Tariffs Deal Steel Trade Agreement Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-14 @ 13:07:05 (15 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 724 words

Reading Time: 5 minutes read

Sentences: 26 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 28712307

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Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 9 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

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