China hits back at Trump tariff hike, raises duties on US goods to 125% | Reuters
https://www.reuters.com/world/china/china-increase-tariffs-us-goods-125-up-84-finance-ministry-says-2025-04-11/
Posted by BROWN-MUNDA_
China hits back at Trump tariff hike, raises duties on US goods to 125% | Reuters
https://www.reuters.com/world/china/china-increase-tariffs-us-goods-125-up-84-finance-ministry-says-2025-04-11/
Posted by BROWN-MUNDA_
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SS: **Summary: China Hits Back at Trump’s Tariff Hike with 125% Duties on U.S. Goods**
On April 11, 2025, **China announced a sharp increase in tariffs on U.S. imports to 125%**, retaliating against U.S. President Donald Trump’s earlier decision to raise duties on Chinese goods to **145%**. The move escalates tensions in a trade war that threatens to disrupt global supply chains.
– The U.S. singled out China for the tariff hike while easing reciprocal duties on other countries.
– China’s Finance Ministry condemned the move, calling it **“unilateral bullying”** and a **violation of international trade norms**.
– The exchange underscores deepening economic friction between the world’s two largest economies, with broader implications for global markets and developing nations.
This development adds new uncertainty to international trade, as both powers dig in for what could be a prolonged and destabilizing economic standoff.
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