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China counters US by proposing 20% price reduction on domestic products

Staff reporter, Taipei; Charlene Chen, DIGITIMES Asia Friday 6 December 2024 0

Credit: AFP

China has unveiled countermeasures following Trump's recent announcement of a 10% tariff on Chinese imports. On December 5, the Ministry of Finance of the People's Republic of China (MOF) released a draft proposal that would grant domestic products...

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