China Raises Tariffs on US to 125% and Says It Won’t Go Higher
- China has raised tariffs on U.S. Goods from 84% to 125%, beginning April 12, as part of an escalating trade war that has impacted markets and raised recession fears.
- U.S. President Donald Trump has imposed 145% tariffs on China, prompting further retaliatory actions, including increased U.S. Tariffs on agricultural products worth roughly $145 billion.
- Chinese leader Xi Jinping stated there are no winners in a tariff war, while a Chinese finance ministry statement suggested this increase might be the last, calling U.S. Tariffs a joke.
- A senior economist warned that the risk of a global recession is rising due to the ongoing tit-for-tat tariff increases between the two largest economies.
Insights by Ground AI
Does this summary seem wrong?
Podcasts & Opinions
608 Articles
608 Articles
All
Left
101
Center
181
Right
60
Coverage Details
Total News Sources608
Leaning Left101Leaning Right60Center181Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 30%
C 53%
R 18%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage