China Hits Back: New 125% Tariffs on US Imports Amid Trade Tensions

Escalating Trade War Between China and the US

Beijing: On Friday, China announced a significant increase in its tariffs on American imports, raising them to 125% as a countermeasure to the Trump administration's 145% tariffs on Chinese goods.

The Chinese Ministry of Commerce confirmed that the additional tariffs on US products have been elevated from 84% to 125%.

In response to the US's tariff increases, China has also initiated a legal challenge at the World Trade Organization (WTO).

Recent notifications from the US indicate that the total tariffs imposed on Chinese imports now stand at 145%.

Previously, China had retaliated with tariffs of 84% and had also restricted the import of certain American films, while expressing a willingness to engage in discussions with Washington to find a resolution.

Notably, China is the sole nation that has retaliated against the tariffs imposed by the Trump administration.