US EditionChina Raises Tariffs on US to 125% and Says It Won’t Go Higher
- China has increased tariffs on U.S. Goods from 84% to 125%, marking a significant escalation in the trade war between the two nations.
- U.S. President Donald Trump raised tariffs on Chinese imports to 145% after China's retaliatory action, causing uncertainty in stock markets.
- The University of Michigan reported an 11% drop in consumer sentiment to 50.8, the lowest since the pandemic began, due to trade war concerns.
- Trump paused tariffs on other countries but maintained a 10% levy, as markets experienced volatility with over $6 trillion in losses.
608 Articles
608 Articles
China - USA Trade War"China has a trillion-dollar surplus, which is crazy numbers," said DONALD TRUMP, the president of the United States. The Chinese leader considers US actions a threat to his country's sovereignty and seems determined to respond in the long term. Beijing refuses direct negotiations and rejects the theatrical gestures of the White House. Analysts say the Chinese president has accepted the challenge and is preparing a systemati…
The measure had been announced by the Committee on Tariffs of the Council of State, which justified it as a direct response to the latest rates approved by Washington
China promises that there will be no other relaunches. In the meantime, however, a lawsuit against the United States begins before the WTO. The trade war between the United States and China has now become an upward race. An 'eye for an eye, a tooth for a tooth' that is keeping stock exchanges around the world in apprehension...
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