US treasury secretary accuses Beijing of trying to damage global economy, as US and China roll out tit-for-tat port fees – business live - short news
Rolling coverage of the latest economic and financial news
Why has US-China trade war restarted and how have markets reacted?
A new front has opened up in the bubbling US-China trade tensions today too – at the two country’s ports.
From today, the US and China will begin charging additional port fees on ocean shipping firms.
“This tit-for-tat symmetry locks both economies into a spiral of maritime taxation that risks distorting global freight..
source: The Guardian - 14.10.2025