Beijing increased its tariffs on U.S. imports to 125% on Friday, retaliating against U.S. President Donald Trump’s decision to raise duties on Chinese goods to 145%.
This move escalates the trade war, which threatens to disrupt global supply chains.
The tariff hike follows continued pressure from the White House on China, the world’s second-largest economy and second-biggest supplier of U.S. imports, which has already faced additional tariffs.
The U.S. paused most “reciprocal” duties on other countries but targeted China with this latest increase.
China’s Finance Ministry condemned the U.S. decision, stating that the imposition of “abnormally high tariffs” violates international trade rules, basic economic laws, and common sense, labeling it as “unilateral bullying and coercion.”
