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Wei Lit Wong (Singapore)

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Following the previous round of 10% tariffs imposed by the US on all goods originating from China, effective February 4, 2025, the US has imposed additional 10% tariffs on all Chinese goods under the International Emergency Economic Powers Act (“IEEPA”) on March 3, 2025. In response, China announced a new series of retaliatory measures against the US the next day. Below is a summary of these measures: 10-15% retaliatory tariffs on US agricultural products Effective…