Tension as China retaliates, slaps new 125% levy on US goods

• The People's Republic of China has retaliated against US President Donald Trump's tariff connected goods from China
• On Friday, April 11, 2025, China announced a 125% counter-tariff connected United States imports.
• The Chinese Embassy successful the disclosed that China volition rise tariffs for each imported US goods from 84% to 125% connected April 12

Legit.ng journalist, Adekunle Dada has implicit 8 years of acquisition covering metro, authorities policy, and planetary issues

Beijing, China - The People's Republic of China has announced a 125% counter-tariff connected United States imports.

The caller tariff hike further exacerbates the fiscal turmoil betwixt the 2 economical powers.

China volition rise tariffs for each imported US goods to 125 percent. Photo credit: @ChinesePresXi
Source: Twitter

The Friday, April 11, 2025 announcement is an summation from 84% to 125%

The Chinese Embassy successful the US disclosed this successful a station shared via its X grip @ChineseEmbinUS.

“China volition rise tariffs for each imported US goods from 84% to 125% connected April 12.”Even if the United States imposes adjacent higher tariffs, it would nary longer marque economical consciousness and yet spell down arsenic a gag successful satellite economical history.Given that it's already intolerable for the Chinese marketplace to judge #US imports astatine the existent tariff level, if the United States imposes further #tariffs connected Chinese products, #China volition disregard themEarlier, .However, should the United States persist successful substantially undermining #China's interests, China volition instrumentality steadfast countermeasures and combat to the end.--The Customs Tariff Commission of the State Council

US-China commercialized warfare surges

Legit.ng reported that the US-China trade warfare intensified, sending the planetary economy into chartless territory and dampening alleviation aft President Donald Trump's earlier climbdown from a wider tariff onslaught against the remainder of the world.

The White House clarified that Trump's large hike successful tariffs connected China announced 24 hours earlier had really taken his full levies this twelvemonth connected imports from the world's second-biggest system to a staggering full of 145 percent- not the antecedently reported 125 percent.

This was due to the fact that the latest tariff hike comes connected apical of a 20 percent tariff already imposed earlier. China has retaliated with levies of 84 percent connected US imports.

Tariff warfare could chopped US-China goods commercialized by 80 percent

Meanwhile, Legit.ng reported that the World Trade Organization main said the US-China tariff warfare could trim commercialized successful goods betwixt the 2 economical giants by 80 percent, pulling down the remainder of the satellite economy.

President Donald Trump raised tariffs connected China to 125 percent connected Wednesday arsenic the world's 2 largest economies fought implicit retaliatory levies.

WTO director-general Ngozi Okonjo-Iweala said:

"The escalating commercialized tensions betwixt the United States and China airs a important hazard of a crisp contraction successful bilateral trade. Our preliminary projections suggest that merchandise commercialized betwixt these 2 economies could alteration by arsenic overmuch arsenic 80 percent."

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Source: Legit.ng