As US President Donald Trump’s tariff increases have roiled global markets and strained America’s alliances in recent months, China has been pursuing the opposite strategy: keeping import duties low and pledging further cuts as a way to secure strategic resources and build ties across the developing world.
China’s average effective tariff rate – calculated by dividing total duties raised by the value of imports – has fallen steadily over the past decade and came to just 1.3 per cent in 2025,…
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