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China hikes tariffs on US to 125% in Trump trade war
Daily Express
|April 12, 2025
CHINA yesterday hiked its tariffs on US products to 125% in the latest salvo of the trade war with Donald Trump.
The dramatic escalation came after Chinese President Xi Jinping warned there are “no winners in a tariff war”.
His commerce ministry announced it was raising the 84% tariffs on all US imports to 125%, saying China was ready to “fight to the end”.
The statement suggested it may be Beijing’s last move in tit-for-tat tariff rises as “at the current tariff level, there is no market acceptance for US goods exported to China”.
This story is from the April 12, 2025 edition of Daily Express.
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