Business & Economy 0

11.04.2025.

10:40

China responded to Trump with the reciprocal measure: 125 percent tariffs

China raises retaliatory tariffs on US imports to 125%

Izvor: Blic

China responded to Trump with the reciprocal measure: 125 percent tariffs
shutterstock, Creativa Images

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China has increased its retaliatory tariffs on US imports from 84% to 125%, the Tariff Commission of the State Council announced on Friday.

Chinese leader Xi Jinping said earlier that his country is "not afraid", in his first public comment on the escalating trade war with the United States, which has rattled international markets and sparked fears of a global recession.

"There are no winners in a trade war, and going against the world only leads to isolation," Xi told Spanish Prime Minister Pedro Sanchez in Beijing, according to state broadcaster CCTV.

 

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