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Tariffs just a tax on Americans, won't bring manufacturing: China
short by Mansi Agarwal / on Sunday 13 April, 2025
China's Foreign Ministry spokesperson Mao Ning said tariffs imposed by the US on Chinese goods won't bring manufacturing back to the US. "Foreign countries pay the tariffs? No—US businesses pay, then pass costs to you...They're just a tax on Americans," she said. Earlier this week, China retaliated against US tariffs by imposing 125% tariffs on US goods.
read more at Moneycontrol