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(240116) -- SHENZHEN, Jan. 16, 2024 (Xinhua) -- Vehicle carrier vessel "BYD EXPLORER NO.1" arrives at Xiaomo International Logistics Port in Shenzhen, south China's Guangdong Province, Jan. 14, 2024. "BYD EXPLORER NO.1," a vehicle carrier vessel leased to Chinese automaker BYD, held its maiden voyage ceremony on Monday at a port in Shenzhen, south China's Guangdong Province. With more than 5,000 new energy vehicles (NEVs) on board, it set sail for the ports of Vlissingen in the Netherlands and Bremerhaven in Germany. It is the first vessel in the shipping fleet of BYD, which has joined a number of Chinese automakers in accelerating car exports by operating their own shipping fleets. (Xinhua)

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China to impose additional 34% tariff on US goods

APRIL 4 – China has just said it will add a 34% tariff on US goods starting from 10 April.

Its finance ministry says the US tariffs on Chinese products are “not in line with international trade rules”.

US President Donald Trump has announced 54% tariffs on China, which include previous duties already in place. That makes China one of the hardest-hit countries on America’s tariff list.

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