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China US Trade War: Beijing Slaps 125% Tariffs

China US Trade War: Beijing Slaps 125% Tariffs
China US Trade War: Beijing Slaps 125% Tariffs

China US trade war continues to escalate as Beijing sharply raises tariffs on American imports to 125%. This move marks a bold response to the US decision to raise cumulative tariffs on Chinese goods to 145% under President Donald Trump.

China’s Customs Tariff Commission confirmed the new tariffs on Friday. Previously, China had imposed 84% tariffs, but the updated rate reflects growing tensions. According to the commission, US goods are now less competitive in the Chinese market. They warned that further US hikes could become “a joke in the history of world economy.”

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China US Trade War:Escalation Despite Global Criticism

President Trump’s aggressive tariff strategy has drawn widespread international criticism. Moreover, his approach has disrupted ongoing trade talks between the two economic giants. US Treasury Secretary Scott Bessent labeled China “the worst offender” in global trade and insisted that China’s retaliation would harm its economy.

China US Trade War: Faces Domestic Economic Pressure

Meanwhile, China is grappling with slowing economic growth. Goldman Sachs revised China’s 2025 GDP forecast to 4%. They also projected that up to 20 million Chinese workers might lose jobs due to reduced exports to the US. Clearly, the trade war poses risks to both nations.

Temporary Relief for Other Countries

Earlier this week, President Trump announced a temporary suspension of tariffs on several nations for three months. This decision was intended to create room for negotiation. However, the relief did not extend to China.

Instead, Trump increased tariffs on Chinese imports from 104% to 125%. This significant hike further inflamed the already tense trade relations. The US and China have exchanged multiple rounds of tariff increases in recent days.

Broader Impact and Ongoing Policies

Despite the targeted relief, the US maintained a 10% blanket duty on almost all imports. Additionally, duties on autos, steel, and aluminum remain unchanged. Clearly, the Trump administration remains firm on its protectionist policies.

In conclusion, the China US trade war is growing more intense. China’s latest tariff hike signals its firm stance against the US. With both nations holding their ground, global markets brace for continued uncertainty.

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2 Comments

  1. Dwain Bachhuber
    14th Apr 2025 Reply

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