Tensions Are Rising Between the US and China! China Retaliates to Trump’s Move! Here Are the Details

China’s Customs Tariff Commission announced today that it will raise tariffs on certain U.S. imports from 84% to 125%, effective April 12, 2025, escalating trade tensions between the world’s two largest economies. China to Raise Tariffs on US Imports to 125% in Retaliation The decision comes in direct response to the US move to raise tariffs on Chinese goods to the same 125% level. At that rate, China’s Commerce Ministry said, US exports to China would no longer be commercially viable and many American products would effectively be excluded from the Chinese market. “No Longer Commercially Viable” China signaled in a strongly worded statement that it has no intention of backing down or negotiating under current circumstances. The Tariff Commission said the “United States will not consider further tariff increases,” suggesting that Washington’s additional tariff hikes would not provoke a reciprocal response because U.S. goods would already be priced out of the Chinese market. Growing US-China Trade Tensions This latest development marks a sharp escalation in the trade dispute that has defined U.S.-China economic relations for years. The new tariff rates will apply to an unspecified range of American imports, and analysts expect key sectors such as agriculture, autos and technology to feel the impact. *This is not investment advice. Continue Reading: Tensions Are Rising Between the US and China! China Retaliates to Trump’s Move! Here Are the Details

Source: BitcoinSistemi