China hits US with new retaliatory 125% tariff as trade war heats up

April 11, 2025
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China slapped the United States with a new tariff, raising the tax on American goods to 125%. It comes after the White House raised tariffs on China to 145%. Chinese President Xi Jinping responded to President Donald Trump for the first time saying it doesn’t fear economic suppression but “there are no winners in a tariff war.” NBC’s Peter Alexander reports for TODAY.



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