Apr 11, 2025
China Hits Back with 125% Tariff on US Goods
In a bold move, China has imposed a 125% retaliatory tariff on select U.S. imports, escalating trade tensions
This action comes after the U.S. recently increased tariffs on various Chinese products, reigniting the trade war
The tariffs target U.S. goods including energy products, chemicals, and agricultural items like soybeans and pork
Following the announcement, global markets showed signs of volatility, with concerns over disrupted trade flows
The tariff escalation marks a potential revival of the U.S.-China trade war that had eased in recent years
American exporters now face higher costs and reduced competitiveness in one of their largest markets China
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