US President Donald Trump. Photo: Reuters
Amid escalating trade tensions, China retaliates by increasing tariffs on US imports to 125%, countering President Trump’s recent tariff hike on Chinese goods to 145%.
This move intensifies the trade war, threatening to disrupt global supply chains.
The escalation follows the White House’s targeted tariff increase on China, the world’s second-largest economy and a major US importer, while easing tariffs on other countries.
China’s Finance Ministry condemned the US tariffs as a violation of international trade rules and a form of unilateral bullying and coercion.
