China says it’s raising tariffs on U.S. goods to 125%

April 11, 2025
3,185 Views

China said Friday it was raising tariffs on U.S. goods from 84% to 125%, the latest development in the escalating trade war between the two countries. It said the higher tariffs would take effect on Saturday.

“The U.S. alternately raising abnormally high tariffs on China has become a numbers game, which has no practical economic significance, and will become a joke in the history of the world economy,” a Commerce Ministry spokesman said in a statement. “If the U.S. insists on continuing to substantially infringe on China’s interests, China will resolutely counter and fight to the end.”

President Trump’s universal tariffs on China now total 145%, the Associated Press reported. Mr. Trump did not include a 20% tariff tied to the country’s role in fentanyl production in his announcement on Wednesday, the AP said.

China’s Commerce Ministry also said Friday that it had filed another complaint with the World Trade Organization over U.S. tariffs, the Reuters news agency reported.

“On 10 April, the United States issued the Executive Order, announcing a further increase of the so-called ‘reciprocal tariff’ on Chinese products. China filed a WTO complaint against United States’ latest tariff measures,” a statement from China’s mission said, citing a ministry of commerce spokesperson, according to Reuters.

Source link

You may be interested

Transgenders in women’s sports: Trans swimmer wins five women’s gold medals
Sports
shares3,431 views
Sports
shares3,431 views

Transgenders in women’s sports: Trans swimmer wins five women’s gold medals

new admin - May 03, 2025

[ad_1] NEWYou can now listen to Fox News articles! A transgender swimmer won five women's races at the U.S. Masters…

5/2: CBS Evening News – CBS News
Top Stories
shares3,251 views
Top Stories
shares3,251 views

5/2: CBS Evening News – CBS News

new admin - May 03, 2025

5/2: CBS Evening News - CBS News Watch CBS News Diner owner feeling the pinch as costs rise and customers…

Beyoncé Receives Cease-and-Desist from Sphere for ‘Cowboy Carter’ Tour
Music
shares3,448 views
Music
shares3,448 views

Beyoncé Receives Cease-and-Desist from Sphere for ‘Cowboy Carter’ Tour

new admin - May 03, 2025

[ad_1] The owner of the Sphere has sent Beyoncé a cease-and-desist letter over footage that shows the singer picking up…