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Posted: 2025-05-13 15:26:35 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-05-13 15:29:08 UTC
Verified By
Rollup News
The author criticizes the effectiveness of China's retaliatory tariffs against the US, particularly in comparison to the US tariffs on fentanyl. They argue that the initial countermeasures, mainly targeting crude oil and soybeans, have a limited impact, with a Peterson Institute study estimating an overall effect of only 1.4%. This is contrasted with the comprehensive 20% tariff on fentanyl, suggesting the countermeasures are not as impactful as claimed.
Effectiveness of China's retaliatory tariffs
Comparison of tariff impacts between China and the US
Impact of tariffs on specific goods like crude oil and soybeans
Analysis of tariff percentages and overall economic impact
Limited impact of initial countermeasures
Disproportionate tariff rates compared to fentanyl tariffs
Reliance on specific goods for retaliation