China Raises Tariffs On US Goods To 125%, Signals End To Tariff Hikes

The trade war between the United States and China has continued to escalate this morning, with China again responding to the latest tariff hike by the United States.

China this morning indicated it had raised its retaliatory tariffs on American goods from 84% to 125%, which follows the US raising its own tariffs against China to 145% on Thursday. The latest hike announcement came from the State Council Tariff Commission, however it appears that China is done playing games here.

In a statement, a Commerce Ministry spokesperson commented on the absurd situation, stating, “The successive imposition of excessively high tariffs on China by the US has become nothing more than a numbers game, with no real economic significance. It merely further exposes the US practice of weaponizing tariffs as a tool of bullying and coercion, turning itself into a joke.”

Future measures instead are expected to take other forms of retaliation, however China was not specific in terms of potential countermeasures.


Information for this story was found via CNN, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

Endeavour Mining Q1 Earnings: Cash Flow Is King

G Mining Oko West Feasibility: Move Fast, Break.. Nothing?

New Gold Q1 Earnings: What’s Behind The Market’s Surprising Reaction?

Recommended

Giant Mining Encounters Native Copper As Hole MHB-34 Hits 563 Metres Depth

Verses Hits Commercialization Stage With Genius AI Platform

Related News

Trump’s Counter-Counter Tariffs Trigger Worldwide Fallout

President Donald Trump has pressed ahead with a hardline tariff agenda, imposing new levies—dubbed “reciprocal”...

Tuesday, April 8, 2025, 11:22:00 AM

Canada To Impose 100% Tariff On Chinese EV’s Weeks After Berating Poilievre For Suggesting Action

Canada is set to impose new tariffs on Chinese-made electric vehicles, aluminum, and steel, aligning...

Monday, August 26, 2024, 09:42:06 AM

Canada Slapped With 100% Tariff On Canola Exports To China

China’s imposition of new tariffs on Canadian canola marks a dramatic escalation in an ongoing...

Friday, March 21, 2025, 10:17:00 AM