EU Strikes Hard, 67% Tariff on Chinese Goods, RMB Hits 10-Year Low Against Euro
EU Strikes Hard, 67% Tariff on Chinese Goods, RMB Hits 10-Year Low Against Euro
Udumbara
0
.
The U.S. tariffs have already dealt a heavy blow to China’s manufacturing industry, but now the European Union has stepped in with additional measures. On April 28, the EU announced a tariff of up to 66.7% on Mobile Access Equipment (MAE) imported from China.
.
