China raises tariffs on US goods to 125%
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China will raise tariffs on US imports from 84% to 125%, Finance.mail.ru reported.
The decision will take effect on April 11, 2025. This move comes in response to the Trump administration’s announcement of increasing tariffs on Chinese goods to 145%.
The Tariff Committee of China’s State Council called the US actions a unilateral act of intimidation and coercion. They also said the decision violates international trade regulations, core economic principles, and common sense.
China also announced it will file a formal complaint with the World Trade Organization.
The decision will take effect on April 11, 2025. This move comes in response to the Trump administration’s announcement of increasing tariffs on Chinese goods to 145%.
The Tariff Committee of China’s State Council called the US actions a unilateral act of intimidation and coercion. They also said the decision violates international trade regulations, core economic principles, and common sense.
China also announced it will file a formal complaint with the World Trade Organization.
- #China Tariffs
- #US Imports
- #Trade Regulations
- #Economic Principles
- #International Trade
- #Tariff Committee
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